Looking to diversify beyond NCLR.L? The ETFs below have the lowest correlation with NCLR.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 NCLR.L.
Best Diversifiers for NCLR.L
8 ETFs have low correlation with NCLR.L (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.15 | — | — | 100 | Government Bonds, Ultrashort Bond | NCLR.L vs USFR | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.10 | 0.01 | 0.01 | 57 | Energy Equities, S&P 500 | NCLR.L vs IUES.L | |
| WisdomTree US High Dividend Fund | 0.03 | 0.04 | 0.04 | 62 | Large Cap Value Equities, Dividend | NCLR.L vs DHS | |
| SPDR S&P Biotech ETF | 0.17 | 0.17 | 0.17 | 74 | Health & Biotech Equities | NCLR.L vs XBI | |
| WisdomTree U.S. Efficient Core Fund | 0.22 | 0.22 | 0.22 | 60 | Diversified Portfolio | NCLR.L vs NTSX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NCLR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NCLR.L and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lumentum Holdings Inc. | 0.15 | — | — | 99 | Technology | |
| IonQ, Inc. | 0.29 | — | — | 64 | Technology | |
| Rigetti Computing Inc | 0.37 | 0.31 | 0.31 | 68 | Technology | |
| D-Wave Quantum Inc | 0.39 | — | — | 59 | Technology |
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