Looking to diversify beyond UC46.L? The ETFs below have the lowest correlation with UC46.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 UC46.L.
Best Diversifiers for UC46.L
1 ETFs have low correlation with UC46.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 -0.11, down from 0.11 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... | -0.11 | 0.07 | 0.11 | 71 | Commodities | UC46.L vs UC15.L | |
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.33 | 0.36 | — | 94 | Large Cap Blend Equities | UC46.L vs XZMD.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.40 | 0.43 | 0.46 | 55 | Europe Equities | UC46.L vs UC63.L | |
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.61 | 0.68 | 0.71 | 93 | Large Cap Blend Equities | UC46.L vs FEXD.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.70 | 0.75 | 0.71 | 79 | S&P 500 | UC46.L vs 5ESG.L |
See all 31 diversifiers for UC46.L
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