Looking to diversify beyond MUNI.L? The ETFs below have the lowest correlation with MUNI.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 MUNI.L.
Best Diversifiers for MUNI.L
14 ETFs have low correlation with MUNI.L (below 0.3), 2 of which are negatively correlated. The least correlated is WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) (Government Bonds) with a 1Y correlation of -0.08, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.08 | -0.06 | -0.06 | 97 | Government Bonds, Ultrashort Bond | MUNI.L vs USFR.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | -0.00 | 0.04 | 0.06 | 99 | Government Bonds, Ultrashort Bond | MUNI.L vs VDST.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | 0.05 | -0.00 | 0.04 | 99 | Government Bonds, Ultrashort Bond | MUNI.L vs IBTU.L | |
| Invesco FTSE All-World UCITS ETF USD Dist | 0.11 | — | — | 86 | Global Equities | MUNI.L vs FTWG.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.12 | 0.06 | 0.03 | 73 | Technology Equities | MUNI.L vs XLKQ.L |
See all 15 diversifiers for MUNI.L
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