Looking to diversify beyond LDUK.L? The ETFs below have the lowest correlation with LDUK.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 LDUK.L.
Best Diversifiers for LDUK.L
5 ETFs have low correlation with LDUK.L (below 0.3), 3 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (ENCG.L) (Commodities) with a 1Y correlation of -0.31, down from -0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.31 | -0.10 | — | 61 | Commodities | LDUK.L vs ENCG.L | |
| L&G All Commodities UCITS ETF | -0.28 | -0.08 | -0.03 | 64 | Commodities | LDUK.L vs BCOG.L | |
| L&G Longer Dated All Commodities UCITS ETF | -0.27 | -0.08 | -0.03 | 69 | Commodities | LDUK.L vs CMFP.L | |
| L&G China CNY Bond UCITS ETF | 0.00 | -0.07 | -0.09 | 85 | Emerging Markets Bonds | LDUK.L vs DRGN.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.19 | — | — | 99 | Europe Equities | LDUK.L vs JRDZ.L |
See all 38 diversifiers for LDUK.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LDUK.L
Add LDUK.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LDUK.L