Looking to diversify beyond UC48.L? The ETFs below have the lowest correlation with UC48.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 UC48.L.
Best Diversifiers for UC48.L
1 ETFs have low correlation with UC48.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 -0.07, down from 0.16 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... | -0.07 | 0.13 | 0.16 | 71 | Commodities | UC48.L vs UC15.L | |
| UBS ETF (IE) Factor MSCI USA Prime Value UCITS ETF... | 0.37 | 0.38 | 0.37 | 54 | Large Cap Value Equities | UC48.L vs UC96.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.37 | 0.44 | 0.42 | 55 | Europe Equities | UC48.L vs UC63.L | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.39 | 0.37 | 0.36 | 83 | Large Cap Value Equities | UC48.L vs UC07.L | |
| Lyxor MSCI Pacific Ex Japan UCITS ETF | 0.44 | — | — | 65 | Asia Pacific Equities | UC48.L vs PAXJ.L |
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