Looking to diversify beyond IUMO.L? The ETFs below have the lowest correlation with IUMO.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 IUMO.L.
Best Diversifiers for IUMO.L
0 ETFs have low correlation with IUMO.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) (SDHA.L) (High Yield Bonds) with a 1Y correlation of 0.42, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | 0.42 | 0.44 | 0.49 | 74 | High Yield Bonds | IUMO.L vs SDHA.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.59 | 0.48 | 0.48 | 97 | Asia Pacific Equities | IUMO.L vs CSKR.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.65 | 0.57 | 0.59 | 78 | Emerging Markets Equities | IUMO.L vs EIMI.L | |
| iShares Edge MSCI World Value Factor UCITS ETF USD... | 0.68 | 0.62 | 0.68 | 95 | Global Equities | IUMO.L vs IWVL.L | |
| Amundi Nasdaq-100 UCITS USD | 0.72 | 0.81 | 0.71 | 78 | Nasdaq-100 | IUMO.L vs ANXG.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements IUMO.L
Add IUMO.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IUMO.L