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
1 ETFs have low correlation with RICI.L (below 0.3), 1 of which are negatively correlated. The least correlated is VanEck S&P Global Mining UCITS ETF (GDIG.L) (Materials) with a 1Y correlation of -0.02, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck S&P Global Mining UCITS ETF | -0.02 | 0.25 | 0.35 | 67 | Materials | RICI.L vs GDIG.L | |
| L&G New Energy Commodities UCITS ETF USD Acc | 0.49 | — | — | 88 | Commodities | RICI.L vs ETRA.L | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.63 | 0.63 | 0.64 | 76 | Commodities | RICI.L vs XDBG.L | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hed... | 0.65 | — | — | 90 | Commodities | RICI.L vs UD08.L | |
| UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF... | 0.70 | 0.68 | 0.68 | 76 | Commodities | RICI.L vs UD06.L |
See all 25 diversifiers for RICI.L
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