Looking to diversify beyond R2SC.L? The ETFs below have the lowest correlation with R2SC.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 R2SC.L.
Best Diversifiers for R2SC.L
2 ETFs have low correlation with R2SC.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.03 | 0.00 | 0.01 | 100 | Government Bonds, Ultrashort Bond | R2SC.L vs IB01.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.01 | -0.04 | 0.01 | 98 | Ultrashort Bond | R2SC.L vs ERNS.L | |
| iShares UK Dividend UCITS ETF | 0.34 | 0.43 | 0.47 | 61 | Dividend | R2SC.L vs IUKD.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.39 | 0.40 | 0.44 | 55 | Financials Equities | R2SC.L vs BNKE.L | |
| iShares Core FTSE 100 UCITS ETF (Dist) | 0.45 | 0.50 | 0.54 | 56 | Europe Equities | R2SC.L vs ISF.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from R2SC.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to R2SC.L and solid risk/return profiles. The least correlated is Legal & General Group plc (LGEN.L) (Financial Services) with a 1Y correlation of 0.27, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Legal & General Group plc | 0.27 | 0.38 | 0.43 | 63 | Financial Services | |
| Murray International Trust | 0.47 | 0.51 | 0.51 | 93 | Financial Services |
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