Looking to diversify beyond UB02.L? The ETFs below have the lowest correlation with UB02.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 UB02.L.
Best Diversifiers for UB02.L
1 ETFs have low correlation with UB02.L (below 0.3), 1 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.16, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.16 | -0.00 | 0.08 | 77 | Commodities | UB02.L vs UC15.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.41 | 0.45 | 0.43 | 70 | Europe Equities | UB02.L vs UC63.L | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.46 | 0.41 | 0.44 | 84 | Large Cap Value Equities | UB02.L vs UC07.L | |
| L&G APAC ex-Japan Quality Dividends Equal Weight U... | 0.48 | 0.44 | 0.46 | 56 | Asia Pacific Equities | UB02.L vs LDAP.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | 0.49 | 0.47 | 0.51 | 80 | S&P 500 | UB02.L vs S5SD.L |
See all 27 diversifiers for UB02.L
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