Looking to diversify beyond IH2O.L? The ETFs below have the lowest correlation with IH2O.L — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from IH2O.L.
Best Diversifiers for IH2O.L
5 ETFs have low correlation with IH2O.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Copper Miners UCITS ETF USD Acc (COPG.L) (Copper) with a 1Y correlation of 0.11, down from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Copper Miners UCITS ETF USD Acc | 0.11 | 0.23 | — | 69 | Copper | IH2O.L vs COPG.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.13 | 0.11 | 0.03 | 97 | Corporate Bonds | IH2O.L vs FLOA.L | |
| iShares Global Clean Energy UCITS ETF USD (Dist) | 0.21 | 0.41 | 0.47 | 51 | Energy Equities | IH2O.L vs INRG.L | |
| iShares NASDAQ 100 UCITS ETF | 0.26 | 0.33 | 0.48 | 61 | Nasdaq-100 | IH2O.L vs CNDX.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.30 | 0.38 | 0.41 | 62 | Emerging Markets Equities | IH2O.L vs EIMI.L |
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