Looking to balance out your exposure to IPF.L? The ETFs below have the lowest correlation with IPF.L — they tend to move on their own, which can help reduce risk when IPF.L drops. The stock ideas table highlights individual companies that behave independently from IPF.L.
Best Diversifiers for IPF.L
1 ETFs have low correlation with IPF.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares UK Dividend UCITS ETF (IUKD.L) (Dividend) with a 1Y correlation of 0.10, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares UK Dividend UCITS ETF | 0.10 | 0.21 | 0.13 | 65 | Dividend | IPF.L vs IUKD.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IPF.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IPF.L and solid risk/return profiles. The least correlated is BioPharma Credit plc (BPCR.L) (Financial Services) with a 1Y correlation of -0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BioPharma Credit plc | -0.04 | -0.02 | 0.02 | 88 | Financial Services |
Build a portfolio that complements IPF.L
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