Looking to diversify beyond VUCP.L? The ETFs below have the lowest correlation with VUCP.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 VUCP.L.
Best Diversifiers for VUCP.L
13 ETFs have low correlation with VUCP.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of -0.04, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.04 | -0.02 | 0.01 | 98 | Ultrashort Bond | VUCP.L vs ERNS.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.02 | 0.06 | 0.04 | 97 | Corporate Bonds | VUCP.L vs FLOA.L | |
| PowerShares EURO STOXX High Dividend Low Volatilit... | 0.06 | 0.04 | -0.01 | 66 | Europe Equities | VUCP.L vs EUHD.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.07 | 0.14 | 0.18 | 98 | Corporate Bonds | VUCP.L vs ERNA.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.12 | 0.10 | -0.05 | 56 | Europe Equities | VUCP.L vs VUKG.L |
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