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Murray International Trust (MYI.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 5, 2026

Murray International Trust plc is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Asset Managers Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It employs fundamental analysis with a top-down stock selection approach, focusing on such factors as value, performance, and macroeconomic and monetary factors to create its portfolio. The fund benchmarks the performance of its portfolio against a composite index comprised of 40% FTSE World UK Index and 60% FTSE World ex-UK Index. Murray International Trust plc was formed on December 18, 1907 and is domiciled in the United Kingdom.

Looking to balance out your exposure to MYI.L? The ETFs below have the lowest correlation with MYI.L — they tend to move on their own, which can help reduce risk when MYI.L drops. The stock ideas table highlights individual companies that behave independently from MYI.L.

Best Diversifiers for MYI.L

0 ETFs have low correlation with MYI.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor UCITS ETF (SMGB.L) (Semiconductors) with a 1Y correlation of 0.41, roughly unchanged from 0.47 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SMGB.L
VanEck Semiconductor UCITS ETF0.410.480.47
97
Semiconductors, Technology EquitiesMYI.L vs SMGB.L
IUMF.L
iShares Edge MSCI USA Momentum Factor UCITS ETF0.440.430.43
74
Momentum, Large Cap Growth EquitiesMYI.L vs IUMF.L
VJPN.L
Vanguard FTSE Japan UCITS ETF Distributing0.460.450.43
60
Japan EquitiesMYI.L vs VJPN.L
R2SC.L
SPDR Russell 2000 US Small Cap UCITS ETF0.480.510.51
77
Small Cap Blend EquitiesMYI.L vs R2SC.L
EXCS.L
iShares MSCI EM ex-China UCITS ETF USD (Acc)0.500.500.49
94
Emerging Markets EquitiesMYI.L vs EXCS.L
See all 10 diversifiers for MYI.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from MYI.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to MYI.L and solid risk/return profiles. The least correlated is Legal & General Group plc (LGEN.L) (Financial Services) with a 1Y correlation of 0.34, down from 0.46 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
LGEN.L
Legal & General Group plc0.340.410.46
63
Financial Services
MNG.L
M&G plc0.450.420.42
88
Financial Services
FCIT.L
F&C Investment Trust plc0.600.610.62
90
Financial Services
CTY.L
The City of London Investment Trust plc0.660.650.65
80
Financial Services

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Diversification Analysis

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