Looking to diversify beyond UD02.L? The ETFs below have the lowest correlation with UD02.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 UD02.L.
Best Diversifiers for UD02.L
6 ETFs have low correlation with UD02.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 -0.17, down from -0.04 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... | -0.17 | -0.04 | -0.04 | 71 | Commodities | UD02.L vs UC15.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.22 | 0.13 | — | 79 | S&P 500 | UD02.L vs 5ESG.L | |
| UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (US... | 0.24 | 0.12 | 0.10 | 70 | Large Cap Blend Equities | UD02.L vs UC99.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | 0.26 | 0.23 | 0.23 | 85 | S&P 500 | UD02.L vs S5SD.L | |
| UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis | 0.27 | 0.13 | 0.11 | 79 | Large Cap Blend Equities | UD02.L vs UC04.L |
See all 24 diversifiers for UD02.L
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