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Looking to diversify beyond VUKE.L? The ETFs below have the lowest correlation with VUKE.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 VUKE.L.

Best Diversifiers for VUKE.L

0 ETFs have low correlation with VUKE.L (below 0.3), 0 of which are negatively correlated.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VUKE.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VUKE.L and solid risk/return profiles. The least correlated is BP plc (BP.L) (Energy) with a 1Y correlation of 0.04, down from 0.43 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BP plc0.040.300.43
87
Energy
Bunzl plc0.220.370.42
51
Consumer Defensive
Tesco PLC0.310.330.38
66
Consumer Defensive
Games Workshop Group plc0.320.360.40
68
Consumer Cyclical
British American Tobacco plc0.340.360.36
79
Consumer Defensive
See all 14 low-correlation stocks for VUKE.L

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Diversification Analysis

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