Looking to balance out your exposure to III.L? The ETFs below have the lowest correlation with III.L — they tend to move on their own, which can help reduce risk when III.L drops. The stock ideas table highlights individual companies that behave independently from III.L.
Best Diversifiers for III.L
7 ETFs have low correlation with III.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Physical Silver ETC (SSLN.L) (Silver) with a 1Y correlation of 0.10, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Physical Silver ETC | 0.10 | 0.09 | 0.07 | 56 | Silver, Precious Metals | III.L vs SSLN.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.13 | 0.25 | 0.35 | 78 | Nasdaq-100 | III.L vs EQQQ.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.21 | 0.32 | 0.36 | 91 | Global Equities, Dividend | III.L vs TDGB.L | |
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.21 | 0.29 | 0.38 | 82 | S&P 500 | III.L vs VUAG.L | |
| SPDR S&P 500 UCITS ETF | 0.21 | 0.30 | 0.38 | 83 | S&P 500 | III.L vs SPX5.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from III.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to III.L and solid risk/return profiles. The least correlated is Games Workshop Group plc (GAW.L) (Consumer Cyclical) with a 1Y correlation of 0.24, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Games Workshop Group plc | 0.24 | 0.27 | 0.38 | 68 | Consumer Cyclical | |
| Investec plc | 0.27 | 0.30 | 0.36 | 75 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.28 | 0.35 | 0.42 | 76 | Financial Services |
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