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
1 ETFs have low correlation with URND.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) (Dividend) with a 1Y correlation of 0.27, roughly unchanged from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X SuperDividend UCITS ETF USD Distributing | 0.27 | 0.33 | — | 64 | Dividend | URND.L vs SDIP.L | |
| Global X Genomics & Biotechnology UCITS ETF | 0.34 | 0.27 | 0.30 | 78 | Health & Biotech Equities | URND.L vs GNOG.L | |
| Global X SuperDividend UCITS ETF USD Cap | 0.35 | 0.34 | — | 54 | Dividend | URND.L vs SDIU.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF | 0.39 | 0.37 | — | 69 | Global Equities | URND.L vs QYLU.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.40 | 0.37 | 0.37 | 84 | Nasdaq-100, Options Trading | URND.L vs QYLP.L |
See all 19 diversifiers for URND.L
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