Looking to diversify beyond KSTR.L? The ETFs below have the lowest correlation with KSTR.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 KSTR.L.
Best Diversifiers for KSTR.L
14 ETFs have low correlation with KSTR.L (below 0.3), 5 of which are negatively correlated. The least correlated is PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) (Global Equities) with a 1Y correlation of -0.11, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO ETFs PLC - US Dollar Short Maturity UCITS ET... | -0.11 | -0.02 | 0.02 | 99 | Global Equities | KSTR.L vs MINT.L | |
| State Street SPDR MSCI World Energy UCITS ETF | -0.07 | 0.05 | 0.09 | 55 | Global Equities | KSTR.L vs WNRG.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | -0.03 | -0.02 | 0.01 | 100 | Global Equities | KSTR.L vs MIST.L | |
| L&G Multi-Strategy Enhanced Commodities UCITS ETF ... | -0.02 | 0.08 | — | 52 | Commodities | KSTR.L vs ENCO.L | |
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.02 | 0.10 | 0.13 | 59 | Commodities | KSTR.L vs BCOM.L |
See all 28 diversifiers for KSTR.L
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