Looking to diversify beyond RICI.L? The ETFs below have the lowest correlation with RICI.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 RICI.L.
Best Diversifiers for RICI.L
0 ETFs have low correlation with RICI.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hedged to GBP) A-acc (UD08.L) (Commodities) with a 1Y correlation of 0.64, roughly unchanged from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hed... | 0.64 | 0.62 | 0.62 | 67 | Commodities | RICI.L vs UD08.L | |
| UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF... | 0.70 | 0.68 | 0.69 | 65 | Commodities | RICI.L vs UD06.L | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.74 | 0.76 | 0.75 | 52 | Commodities | RICI.L vs XBCU.L | |
| WisdomTree Enhanced Commodity ex-Agriculture UCITS... | 0.74 | 0.71 | — | 62 | Commodities | RICI.L vs WXAG.L | |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged t... | 0.81 | 0.74 | 0.74 | 71 | Commodities | RICI.L vs UC90.L |
See all 26 diversifiers for RICI.L
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Diversification Analysis
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