Looking to diversify beyond IRCP.L? The ETFs below have the lowest correlation with IRCP.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 IRCP.L.
Best Diversifiers for IRCP.L
16 ETFs have low correlation with IRCP.L (below 0.3), 5 of which are negatively correlated. The least correlated is iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (SDIG.L) (Global Bonds) with a 1Y correlation of -0.13, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Short Duration Corp Bond UCITS ETF USD (... | -0.13 | -0.08 | -0.14 | 83 | Global Bonds | IRCP.L vs SDIG.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | -0.09 | 0.01 | 0.00 | 64 | Emerging Markets Bonds, Government Bonds | IRCP.L vs CYGB.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF... | -0.03 | 0.02 | 0.05 | 62 | Global Bonds | IRCP.L vs LQDH.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | -0.02 | 0.03 | 0.04 | 66 | Global Bonds | IRCP.L vs HLQD.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Emerging Market... | -0.00 | 0.08 | 0.16 | 69 | Global Bonds | IRCP.L vs JPMB.L |
See all 17 diversifiers for IRCP.L
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Diversification Analysis
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