Looking to diversify beyond UB12.L? The ETFs below have the lowest correlation with UB12.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 UB12.L.
Best Diversifiers for UB12.L
1 ETFs have low correlation with UB12.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 -0.31, down from 0.03 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... | -0.31 | -0.08 | 0.03 | 71 | Commodities | UB12.L vs UC15.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.39 | 0.28 | 0.28 | 99 | Europe Equities | UB12.L vs JRDZ.L | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.55 | 0.51 | 0.56 | 83 | Large Cap Value Equities | UB12.L vs UC07.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | 0.55 | — | — | 85 | S&P 500 | UB12.L vs S5SD.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.56 | 0.35 | 0.30 | 90 | Europe Equities | UB12.L vs UD03.L |
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