Looking to diversify beyond UC84.L? The ETFs below have the lowest correlation with UC84.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 UC84.L.
Best Diversifiers for UC84.L
5 ETFs have low correlation with UC84.L (below 0.3), 1 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 -0.08, roughly unchanged from -0.10 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 | -0.08 | -0.06 | -0.10 | 79 | S&P 500 | UC84.L vs 5ESG.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.06 | 0.13 | 0.17 | 98 | Corporate Bonds | UC84.L vs ERNA.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.11 | 0.11 | -0.03 | 55 | Europe Equities | UC84.L vs UC63.L | |
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | 0.15 | 0.16 | 0.10 | 71 | Commodities | UC84.L vs UC15.L | |
| UBS ETF (LU) MSCI World Socially Responsible UCITS... | 0.27 | 0.25 | 0.18 | 51 | Global Equities | UC84.L vs UC44.L |
See all 15 diversifiers for UC84.L
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Diversification Analysis
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