Looking to diversify beyond USML.L? The ETFs below have the lowest correlation with USML.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 USML.L.
Best Diversifiers for USML.L
1 ETFs have low correlation with USML.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.19, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.19 | 0.20 | 0.21 | 56 | Silver, Precious Metals | USML.L vs PHSP.L | |
| Vanguard FTSE Developed Asia Pacific ex Japan UCIT... | 0.37 | 0.49 | 0.53 | 95 | Asia Pacific Equities | USML.L vs VDPG.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.44 | 0.42 | 0.53 | 73 | Technology Equities | USML.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.55 | 0.52 | 0.59 | 78 | Nasdaq-100 | USML.L vs EQQQ.L | |
| Vanguard FTSE Emerging Markets UCITS ETF Acc | 0.55 | 0.50 | 0.51 | 66 | Emerging Markets Equities | USML.L vs VFEG.L |
See all 28 diversifiers for USML.L
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