Looking to diversify beyond RNRU.L? The ETFs below have the lowest correlation with RNRU.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 RNRU.L.
Best Diversifiers for RNRU.L
16 ETFs have low correlation with RNRU.L (below 0.3), 9 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) (Energy Equities) with a 1Y correlation of -0.10, down from 0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Energy UCITS ETF 1D | -0.10 | 0.09 | — | 54 | Energy Equities | RNRU.L vs XSEN.L | |
| Invesco US Energy Sector UCITS ETF | -0.10 | 0.09 | — | 57 | Energy Equities | RNRU.L vs XLEP.L | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.09 | 0.09 | — | 56 | Energy Equities | RNRU.L vs GXLE.L | |
| Invesco Energy S&P US Select Sector UCITS ETF Acc | -0.08 | 0.11 | 0.19 | 62 | Energy Equities | RNRU.L vs XLES.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.05 | 0.13 | — | 60 | Energy Equities, S&P 500 | RNRU.L vs IUES.L |
See all 33 diversifiers for RNRU.L
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