Looking to diversify beyond UC04.L? The ETFs below have the lowest correlation with UC04.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 UC04.L.
Best Diversifiers for UC04.L
10 ETFs have low correlation with UC04.L (below 0.3), 5 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged to GBP) A-acc (UC90.L) (Commodities) with a 1Y correlation of -0.12, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (hedged t... | -0.12 | 0.06 | 0.12 | 78 | Commodities | UC04.L vs UC90.L | |
| UBS ETF (IE) Bloomberg Commodity CMCI SF UCITS ETF... | -0.11 | 0.03 | 0.08 | 76 | Commodities | UC04.L vs UD06.L | |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.07 | 0.13 | 0.17 | 71 | Commodities | UC04.L vs UC15.L | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (hed... | -0.05 | — | — | 90 | Commodities | UC04.L vs UD08.L | |
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.04 | 0.13 | 0.15 | 72 | Commodities | UC04.L vs UD07.L |
See all 57 diversifiers for UC04.L
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Diversification Analysis
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