Looking to diversify beyond UCRP.L? The ETFs below have the lowest correlation with UCRP.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 UCRP.L.
Best Diversifiers for UCRP.L
9 ETFs have low correlation with UCRP.L (below 0.3), 3 of which are negatively correlated. The least correlated is Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) (Financials Equities) with a 1Y correlation of -0.06, up from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.06 | -0.12 | -0.18 | 55 | Financials Equities | UCRP.L vs BNKE.L | |
| iShares MSCI Korea UCITS ETF (Acc) | -0.05 | 0.03 | -0.01 | 97 | Asia Pacific Equities | UCRP.L vs CSKR.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.00 | 0.03 | 0.01 | 99 | Money Market | UCRP.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.09 | 0.09 | -0.05 | 55 | Europe Equities | UCRP.L vs 100D.L | |
| Amundi Nasdaq-100 UCITS USD | 0.19 | 0.13 | 0.12 | 76 | Nasdaq-100 | UCRP.L vs ANXU.L |
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