Looking to diversify beyond IMID.L? The ETFs below have the lowest correlation with IMID.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 IMID.L.
Best Diversifiers for IMID.L
8 ETFs have low correlation with IMID.L (below 0.3), 6 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.19, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.19 | 0.07 | 0.19 | 72 | Commodities | IMID.L vs UC15.L | |
| SPDR MSCI Europe Energy UCITS ETF | -0.15 | 0.19 | — | 77 | Energy Equities | IMID.L vs ENGE.L | |
| SPDR MSCI World Energy UCITS ETF | -0.11 | 0.22 | — | 63 | Energy Equities | IMID.L vs ENGW.L | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.10 | 0.21 | — | 54 | Energy Equities | IMID.L vs GXLE.L | |
| State Street SPDR S&P U.S. Energy Select Sector UC... | -0.10 | 0.21 | 0.34 | 58 | Energy Equities | IMID.L vs SXLE.L |
See all 65 diversifiers for IMID.L
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