Looking to diversify beyond UTIL.L? The ETFs below have the lowest correlation with UTIL.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 UTIL.L.
Best Diversifiers for UTIL.L
14 ETFs have low correlation with UTIL.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of 0.02, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.02 | -0.01 | 0.13 | 73 | Technology Equities, S&P 500 | UTIL.L vs IITU.L | |
| SPDR S&P 500 UCITS ETF | 0.12 | 0.10 | 0.22 | 81 | S&P 500 | UTIL.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.14 | 0.12 | 0.26 | 74 | S&P 500 | UTIL.L vs SPY5.L | |
| iShares MSCI EM UCITS ETF USD (Acc) | 0.15 | 0.16 | 0.22 | 83 | Emerging Markets Equities | UTIL.L vs IEMA.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.15 | 0.19 | 0.20 | 95 | Asia Pacific Equities | UTIL.L vs FRQX.L |
See all 21 diversifiers for UTIL.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UTIL.L
Add UTIL.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UTIL.L