Looking to diversify beyond ASDV.L? The ETFs below have the lowest correlation with ASDV.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 ASDV.L.
Best Diversifiers for ASDV.L
6 ETFs have low correlation with ASDV.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Korea UCITS ETF 1C (XKS2.L) (Asia Pacific Equities) with a 1Y correlation of 0.26, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI Korea UCITS ETF 1C | 0.26 | 0.39 | 0.43 | 96 | Asia Pacific Equities | ASDV.L vs XKS2.L | |
| iShares MSCI Korea UCITS ETF (Dist) | 0.29 | 0.40 | 0.44 | 96 | Asia Pacific Equities | ASDV.L vs IKOR.L | |
| Franklin FTSE Korea UCITS ETF | 0.29 | 0.39 | 0.43 | 96 | Asia Pacific Equities | ASDV.L vs FLRK.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.29 | 0.40 | 0.43 | 96 | Asia Pacific Equities | ASDV.L vs KRWL.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.29 | 0.41 | — | 97 | Asia Pacific Equities | ASDV.L vs FRXT.L |
See all 43 diversifiers for ASDV.L
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