Looking to diversify beyond IUAA.L? The ETFs below have the lowest correlation with IUAA.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 IUAA.L.
Best Diversifiers for IUAA.L
9 ETFs have low correlation with IUAA.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Value Factor UCITS (IUVF.L) (Large Cap Value Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Value Factor UCITS | 0.16 | 0.24 | 0.10 | 98 | Large Cap Value Equities | IUAA.L vs IUVF.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.18 | 0.10 | 0.10 | 70 | Technology Equities, S&P 500 | IUAA.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.21 | 0.11 | 0.11 | 68 | Technology Equities, S&P 500 | IUAA.L vs IUIT.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.23 | 0.13 | 0.14 | 97 | Asia Pacific Equities | IUAA.L vs CSKR.L | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.24 | 0.16 | 0.15 | 78 | Nasdaq-100 | IUAA.L vs CNX1.L |
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