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Looking to diversify beyond IITU.L? The ETFs below have the lowest correlation with IITU.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 IITU.L.

Best Diversifiers for IITU.L

43 ETFs have low correlation with IITU.L (below 0.3), 11 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.18, down from 0.13 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from IITU.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IITU.L and solid risk/return profiles. The least correlated is Legal & General Group plc (LGEN.L) (Financial Services) with a 1Y correlation of 0.13, down from 0.27 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Legal & General Group plc0.130.190.27
63
Financial Services
JP Morgan Global Growth & Income plc0.550.600.58
76
Financial Services
Allianz Technology Trust plc0.820.800.79
96
Financial Services

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Diversification Analysis

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