Looking to diversify beyond IUCM.L? The ETFs below have the lowest correlation with IUCM.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 IUCM.L.
Best Diversifiers for IUCM.L
3 ETFs have low correlation with IUCM.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) (Rare Earth & Strategic Metals) with a 1Y correlation of 0.23, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.23 | 0.30 | 0.39 | 89 | Rare Earth & Strategic Metals | IUCM.L vs REGB.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.29 | 0.45 | 0.49 | 93 | S&P 500, Large Cap Value Equities | IUCM.L vs PQVG.L | |
| iShares S&P 500 Industrials Sector UCITS ETF USD (... | 0.29 | 0.41 | 0.52 | 68 | S&P 500, Industrials Equities | IUCM.L vs IUIS.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.31 | 0.41 | 0.50 | 73 | Emerging Markets Equities | IUCM.L vs EIMI.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.34 | 0.54 | 0.63 | 58 | Technology Equities, S&P 500 | IUCM.L vs IITU.L |
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