Looking to diversify beyond USDC.L? The ETFs below have the lowest correlation with USDC.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 USDC.L.
Best Diversifiers for USDC.L
8 ETFs have low correlation with USDC.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF - USD Accumulating ETF (BCOM.L) (Commodities) with a 1Y correlation of -0.26, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF - USD Accumulating E... | -0.26 | -0.03 | -0.00 | 59 | Commodities | USDC.L vs BCOM.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | -0.00 | -0.04 | -0.00 | 97 | Corporate Bonds | USDC.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.14 | 0.10 | 0.15 | 97 | Corporate Bonds | USDC.L vs ERNA.L | |
| iShares $ Ultrashort Bond UCITS ETF USD (Dist) | 0.18 | 0.15 | 0.13 | 99 | Ultrashort Bond, Short-Term Bond, Corporate Bonds | USDC.L vs ERND.L | |
| L&G Cyber Security UCITS ETF | 0.24 | 0.21 | 0.23 | 53 | Cybersecurity | USDC.L vs ISPY.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements USDC.L
Add USDC.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USDC.L