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
6 ETFs have low correlation with IMID.L (below 0.3), 1 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 -0.12, down from 0.12 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... | -0.12 | 0.06 | 0.12 | 70 | Commodities | IMID.L vs UC15.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.07 | 0.28 | 0.44 | 63 | Utilities Equities, Global Equities | IMID.L vs INFR.L | |
| SPDR S&P US Health Care Select Sector UCITS ETF | 0.16 | 0.29 | 0.35 | 54 | Health & Biotech Equities | IMID.L vs GXLV.L | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.26 | 0.28 | 0.43 | 76 | Utilities Equities | IMID.L vs UTIL.L | |
| SPDR Morningstar Multi-Asset Global Infrastructure... | 0.27 | 0.30 | 0.33 | 63 | Diversified Portfolio | IMID.L vs GIN.L |
See all 78 diversifiers for IMID.L
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