Looking to diversify beyond UB74.L? The ETFs below have the lowest correlation with UB74.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 UB74.L.
Best Diversifiers for UB74.L
15 ETFs have low correlation with UB74.L (below 0.3), 8 of which are negatively correlated. The least correlated is UBS S&P 500 Scored & Screened UCITS ETF GBP Dist (5ESG.L) (S&P 500) with a 1Y correlation of -0.36, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | -0.36 | -0.36 | -0.44 | 70 | S&P 500 | UB74.L vs 5ESG.L | |
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | -0.20 | -0.12 | -0.10 | 94 | Short-Term Bond | UB74.L vs SGSU.L | |
| Invesco US Treasury Bond 1-3 Year UCITS ETF GBP He... | -0.19 | -0.11 | -0.08 | 93 | Short-Term Bond, Government Bonds | UB74.L vs T3GB.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | -0.12 | -0.14 | -0.21 | 70 | Europe Equities | UB74.L vs UC63.L | |
| iShares $ Treasury Bond 1-3yr UCITS ETF GBP Hedged... | -0.07 | -0.05 | -0.05 | 88 | Short-Term Bond, Government Bonds | UB74.L vs IBTG.L |
See all 24 diversifiers for UB74.L
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