Looking to diversify beyond UB06.L? The ETFs below have the lowest correlation with UB06.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 UB06.L.
Best Diversifiers for UB06.L
1 ETFs have low correlation with UB06.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 -0.33, down from -0.00 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... | -0.33 | -0.10 | -0.00 | 71 | Commodities | UB06.L vs UC15.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.38 | — | — | 99 | Europe Equities | UB06.L vs JRDZ.L | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.50 | 0.46 | 0.53 | 83 | Large Cap Value Equities | UB06.L vs UC07.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.52 | 0.34 | 0.29 | 90 | Europe Equities | UB06.L vs UD03.L | |
| Franklin European Quality Dividend UCITS ETF | 0.52 | 0.57 | 0.66 | 80 | Europe Equities | UB06.L vs FLXD.L |
See all 31 diversifiers for UB06.L
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Diversification Analysis
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