Looking to diversify beyond URND.L? The ETFs below have the lowest correlation with URND.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 URND.L.
Best Diversifiers for URND.L
0 ETFs have low correlation with URND.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Genomics & Biotechnology UCITS ETF (GNOG.L) (Health & Biotech Equities) with a 1Y correlation of 0.30, roughly unchanged from 0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Genomics & Biotechnology UCITS ETF | 0.30 | 0.29 | — | 62 | Health & Biotech Equities | URND.L vs GNOG.L | |
| Global X Solar UCITS ETF USD Accumulating | 0.31 | 0.27 | — | 80 | Energy Equities | URND.L vs RAYG.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.32 | 0.35 | — | 71 | Nasdaq-100, Options Trading | URND.L vs QYLP.L | |
| Global X Renewable Energy Producers UCITS ETF USD ... | 0.36 | 0.28 | — | 91 | Energy Equities | URND.L vs RNRU.L | |
| Global X Wind Energy UCITS ETF USD Accumulating | 0.37 | 0.27 | — | 74 | Energy Equities | URND.L vs WNDG.L |
See all 16 diversifiers for URND.L
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