Looking to balance out your exposure to MUT.L? The ETFs below have the lowest correlation with MUT.L — they tend to move on their own, which can help reduce risk when MUT.L drops. The stock ideas table highlights individual companies that behave independently from MUT.L.
Best Diversifiers for MUT.L
0 ETFs have low correlation with MUT.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI World UCITS ETF (HMWO.L) (Global Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI World UCITS ETF | 0.50 | 0.55 | 0.55 | 76 | Global Equities | MUT.L vs HMWO.L | |
| Vanguard FTSE All-World UCITS ETF (USD) Accumulati... | 0.50 | 0.56 | 0.57 | 85 | Global Equities | MUT.L vs VWRP.L | |
| iShares UK Dividend UCITS ETF | 0.72 | 0.72 | 0.73 | 56 | Dividend | MUT.L vs IUKD.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from MUT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MUT.L and solid risk/return profiles. The least correlated is M&G plc (MNG.L) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| M&G plc | 0.48 | 0.52 | 0.55 | 87 | Financial Services | |
| Murray International Trust | 0.60 | 0.64 | 0.65 | 93 | Financial Services | |
| The City of London Investment Trust plc | 0.78 | 0.78 | 0.78 | 80 | Financial Services |
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