Looking to balance out your exposure to IHC.L? The ETFs below have the lowest correlation with IHC.L — they tend to move on their own, which can help reduce risk when IHC.L drops. The stock ideas table highlights individual companies that behave independently from IHC.L.
Best Diversifiers for IHC.L
1 ETFs have low correlation with IHC.L (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L) (S&P 500) with a 1Y correlation of -0.04, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF USD Accumulation | -0.04 | 0.04 | 0.07 | 68 | S&P 500 | IHC.L vs VUAA.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IHC.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IHC.L and solid risk/return profiles. The least correlated is AstraZeneca plc (AZN.L) (Healthcare) with a 1Y correlation of 0.03, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AstraZeneca plc | 0.03 | 0.03 | 0.04 | 71 | Healthcare |
Build a portfolio that complements IHC.L
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