Looking to diversify beyond URNU.L? The ETFs below have the lowest correlation with URNU.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 URNU.L.
Best Diversifiers for URNU.L
3 ETFs have low correlation with URNU.L (below 0.3), 2 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 -0.11, down from 0.17 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) | -0.11 | 0.17 | — | 60 | Energy Equities, S&P 500 | URNU.L vs IUES.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.06 | 0.22 | — | 59 | Energy Equities | URNU.L vs WENS.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.26 | 0.27 | — | 71 | Nasdaq-100, Options Trading | URNU.L vs QYLP.L | |
| Global X Genomics & Biotechnology UCITS ETF | 0.30 | 0.31 | — | 62 | Health & Biotech Equities | URNU.L vs GNOG.L | |
| Global X Solar UCITS ETF USD Accumulating | 0.36 | 0.31 | — | 80 | Energy Equities | URNU.L vs RAYG.L |
See all 29 diversifiers for URNU.L
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