Looking to diversify beyond IUMD.L? The ETFs below have the lowest correlation with IUMD.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 IUMD.L.
Best Diversifiers for IUMD.L
0 ETFs have low correlation with IUMD.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI EM IMI UCITS ETF (EIMI.L) (Emerging Markets Equities) with a 1Y correlation of 0.65, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI EM IMI UCITS ETF | 0.65 | 0.57 | 0.58 | 78 | Emerging Markets Equities | IUMD.L vs EIMI.L | |
| Amundi Nasdaq-100 UCITS USD | 0.70 | 0.81 | 0.71 | 78 | Nasdaq-100 | IUMD.L vs ANXG.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.73 | 0.75 | 0.66 | 73 | Nasdaq-100 | IUMD.L vs EQGB.L | |
| Lyxor UCITS Nasdaq-100 D-EUR | 0.73 | 0.82 | 0.75 | 78 | Nasdaq-100 | IUMD.L vs NASL.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.76 | 0.81 | 0.74 | 70 | Technology Equities, S&P 500 | IUMD.L vs IITU.L |
See all 28 diversifiers for IUMD.L
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Diversification Analysis
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