Looking to diversify beyond USCR.L? The ETFs below have the lowest correlation with USCR.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 USCR.L.
Best Diversifiers for USCR.L
2 ETFs have low correlation with USCR.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.09, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.09 | 0.05 | 0.03 | 97 | Corporate Bonds | USCR.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.17 | 0.16 | 0.18 | 98 | Corporate Bonds | USCR.L vs ERNA.L | |
| SPDR MSCI ACWI UCITS ETF | 0.34 | 0.30 | 0.20 | 86 | Global Equities | USCR.L vs ACWI.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.38 | 0.33 | 0.25 | 75 | Small Cap Value Equities | USCR.L vs USSC.L | |
| SPDR S&P 500 UCITS ETF | 0.40 | 0.27 | 0.24 | 83 | S&P 500 | USCR.L vs SPX5.L |
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