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 Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) (Nasdaq-100) with a 1Y correlation of 0.10, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.10 | 0.23 | 0.34 | 60 | Nasdaq-100 | III.L vs EQQQ.L | |
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.19 | 0.27 | 0.38 | 76 | S&P 500 | III.L vs VUAG.L | |
| SPDR S&P 500 UCITS ETF | 0.20 | 0.27 | 0.37 | 76 | S&P 500 | III.L vs SPX5.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.21 | 0.30 | 0.35 | 95 | Global Equities, Dividend | III.L vs TDGB.L | |
| Amundi MSCI Japan UCITS ETF Acc | 0.24 | 0.29 | 0.33 | 70 | Japan Equities, Asia Pacific Equities | III.L vs LCJP.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 Coca-Cola Europacific Partners plc (CCEP.L) (Consumer Defensive) with a 1Y correlation of 0.03, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca-Cola Europacific Partners plc | 0.03 | 0.05 | 0.11 | 58 | Consumer Defensive | |
| Pantheon International PLC | 0.13 | 0.15 | 0.27 | 80 | Financial Services | |
| Games Workshop Group plc | 0.23 | 0.26 | 0.37 | 76 | Consumer Cyclical | |
| Investec plc | 0.23 | 0.28 | 0.35 | 69 | Financial Services | |
| JP Morgan Global Growth & Income plc | 0.26 | 0.33 | 0.41 | 73 | Financial Services |
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