Looking to diversify beyond UD03.L? The ETFs below have the lowest correlation with UD03.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 UD03.L.
Best Diversifiers for UD03.L
6 ETFs have low correlation with UD03.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 -0.24, down from -0.06 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... | -0.24 | -0.12 | -0.06 | 71 | Commodities | UD03.L vs UC15.L | |
| UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (US... | 0.22 | 0.14 | 0.11 | 70 | Large Cap Blend Equities | UD03.L vs UC99.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | 0.24 | 0.22 | 0.22 | 85 | S&P 500 | UD03.L vs S5SD.L | |
| UBS ETF (IE) MSCI USA UCITS ETF (USD) A-dis | 0.25 | 0.14 | 0.11 | 79 | Large Cap Blend Equities | UD03.L vs UC04.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.29 | 0.19 | 0.15 | 79 | S&P 500 | UD03.L vs 5ESG.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UD03.L
Add UD03.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UD03.L