Looking to diversify beyond MIBX.L? The ETFs below have the lowest correlation with MIBX.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 MIBX.L.
Best Diversifiers for MIBX.L
1 ETFs have low correlation with MIBX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.01 | -0.00 | 0.01 | 99 | Money Market | MIBX.L vs CSH2.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.45 | 0.63 | 0.70 | 86 | Europe Equities | MIBX.L vs LCPE.L | |
| L&G UK Equity UCITS ETF | 0.45 | 0.56 | 0.62 | 55 | Europe Equities | MIBX.L vs LGUK.L | |
| Vanguard S&P 500 UCITS ETF | 0.49 | 0.43 | 0.51 | 82 | S&P 500 | MIBX.L vs VUSA.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.51 | 0.45 | 0.51 | 66 | S&P 500 | MIBX.L vs 500U.L |
See all 92 diversifiers for MIBX.L
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