Looking to diversify beyond SMBS.L? The ETFs below have the lowest correlation with SMBS.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 SMBS.L.
Best Diversifiers for SMBS.L
8 ETFs have low correlation with SMBS.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) (Government Bonds) with a 1Y correlation of -0.06, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.06 | 0.05 | 0.07 | 98 | Government Bonds, Ultrashort Bond | SMBS.L vs IBTU.L | |
| iShares Core MSCI EM IMI UCITS ETF | -0.06 | -0.04 | -0.08 | 60 | Emerging Markets Equities | SMBS.L vs EIMI.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | 0.06 | 0.09 | -0.01 | 70 | Global Equities | SMBS.L vs ISAC.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.07 | 0.06 | 0.03 | 68 | Global Equities | SMBS.L vs IWDA.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.08 | 0.07 | 0.02 | 50 | Technology Equities, S&P 500 | SMBS.L vs IITU.L |
See all 13 diversifiers for SMBS.L
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