Looking to balance out your exposure to IMB.L? The ETFs below have the lowest correlation with IMB.L — they tend to move on their own, which can help reduce risk when IMB.L drops. The stock ideas table highlights individual companies that behave independently from IMB.L.
No Diversifiers Found for IMB.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IMB.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IMB.L and solid risk/return profiles. The least correlated is Glencore plc (GLEN.L) (Basic Materials) with a 1Y correlation of 0.07, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Glencore plc | 0.07 | 0.08 | 0.13 | 96 | Basic Materials | |
| British American Tobacco plc | 0.66 | 0.63 | 0.67 | 79 | Consumer Defensive |
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