Looking to balance out your exposure to OCI.L? The ETFs below have the lowest correlation with OCI.L — they tend to move on their own, which can help reduce risk when OCI.L drops. The stock ideas table highlights individual companies that behave independently from OCI.L.
Best Diversifiers for OCI.L
7 ETFs have low correlation with OCI.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE RAFI US 1000 UCITS ETF (PSRF.L) (Large Cap Value Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE RAFI US 1000 UCITS ETF | 0.14 | 0.11 | 0.14 | 96 | Large Cap Value Equities | OCI.L vs PSRF.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.14 | 0.11 | 0.09 | 72 | Emerging Markets Equities | OCI.L vs SEDY.L | |
| iShares MSCI World Small Cap UCITS ETF USD (Acc) | 0.14 | 0.15 | 0.18 | 70 | Global Equities | OCI.L vs WSML.L | |
| iShares MSCI World UCITS | 0.21 | 0.13 | 0.16 | 81 | Global Equities | OCI.L vs IWRD.L | |
| HSBC MSCI World UCITS ETF | 0.21 | 0.14 | 0.17 | 82 | Global Equities | OCI.L vs HMWO.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from OCI.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to OCI.L and solid risk/return profiles. The least correlated is Pantheon International PLC (PIN.L) (Financial Services) with a 1Y correlation of 0.25, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Pantheon International PLC | 0.25 | 0.21 | 0.18 | 78 | Financial Services |
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