Looking to diversify beyond IUAG.L? The ETFs below have the lowest correlation with IUAG.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 IUAG.L.
Best Diversifiers for IUAG.L
2 ETFs have low correlation with IUAG.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 UCITS ETF (CSP1.L) (S&P 500) with a 1Y correlation of 0.26, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 UCITS ETF | 0.26 | 0.18 | 0.13 | 69 | S&P 500 | IUAG.L vs CSP1.L | |
| iShares NASDAQ 100 UCITS ETF | 0.28 | 0.15 | 0.15 | 51 | Nasdaq-100 | IUAG.L vs CNDX.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.32 | 0.21 | 0.16 | 75 | Global Equities | IUAG.L vs SWDA.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.33 | 0.18 | 0.15 | 50 | Emerging Markets Equities | IUAG.L vs EIMI.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 0.38 | 0.24 | 0.19 | 65 | Global Equities | IUAG.L vs ISAC.L |
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