Looking to diversify beyond UPAD.L? The ETFs below have the lowest correlation with UPAD.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 UPAD.L.
Best Diversifiers for UPAD.L
2 ETFs have low correlation with UPAD.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.21, down from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.21 | 0.10 | — | 60 | Energy Equities, S&P 500 | UPAD.L vs IUES.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.01 | 0.01 | — | 100 | Government Bonds, Ultrashort Bond | UPAD.L vs IB01.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.52 | 0.66 | 0.63 | 78 | S&P 500, Large Cap Value Equities | UPAD.L vs PQVG.L | |
| iShares S&P 500 Industrials Sector UCITS ETF USD (... | 0.54 | 0.61 | 0.64 | 53 | Industrials Equities, S&P 500 | UPAD.L vs IISU.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.56 | 0.62 | — | 71 | S&P 500 | UPAD.L vs BYBG.L |
See all 41 diversifiers for UPAD.L
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