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 0.33, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | 0.33 | 0.38 | 0.46 | 73 | High Yield Bonds | IUMO.L vs SDHA.L | |
| Avantis Global Small Cap Value UCITS ETF USD Acc | 0.44 | — | — | 91 | Small Cap Value Equities | IUMO.L vs AVSG.L | |
| Amundi Core STOXX Europe 600 UCITS ETF Acc | 0.55 | 0.53 | 0.60 | 51 | Europe Equities | IUMO.L vs MEUD.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.65 | 0.58 | 0.56 | 93 | South Korea Equities, Asia Pacific Equities | IUMO.L vs CSKR.L | |
| Fidelity US Quality Income ETF Acc | 0.65 | 0.72 | 0.76 | 74 | Dividend, Large Cap Blend Equities | IUMO.L vs FUSA.L |
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