Looking to diversify beyond MDBU.L? The ETFs below have the lowest correlation with MDBU.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 MDBU.L.
Best Diversifiers for MDBU.L
12 ETFs have low correlation with MDBU.L (below 0.3), 2 of which are negatively correlated. The least correlated is UBS S&P 500 Scored & Screened UCITS ETF GBP Dist (5ESG.L) (S&P 500) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | -0.34 | -0.33 | -0.34 | 79 | S&P 500 | MDBU.L vs 5ESG.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | -0.07 | -0.10 | -0.17 | 55 | Europe Equities | MDBU.L vs UC63.L | |
| UBS ETF (LU) MSCI World Socially Responsible UCITS... | 0.05 | 0.06 | -0.01 | 51 | Global Equities | MDBU.L vs UC44.L | |
| UBS Core MSCI World UCITS ETF USD Acc | 0.09 | 0.06 | 0.06 | 84 | Global Equities | MDBU.L vs WRDA.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | 0.11 | 0.11 | 0.11 | 99 | Government Bonds, Ultrashort Bond | MDBU.L vs IBTU.L |
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