Looking to balance out your exposure to UCG.MI? The ETFs below have the lowest correlation with UCG.MI — they tend to move on their own, which can help reduce risk when UCG.MI drops. The stock ideas table highlights individual companies that behave independently from UCG.MI.
Best Diversifiers for UCG.MI
0 ETFs have low correlation with UCG.MI (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IWMO.MI) (Momentum) with a 1Y correlation of 0.53, up from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | 0.53 | 0.39 | 0.36 | 63 | Momentum, Global Equities | UCG.MI vs IWMO.MI |
Diversification Analysis
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