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
0 ETFs have low correlation with ASDV.L (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC MSCI Taiwan Capped UCITS ETF USD (HTWN.L) (Asia Pacific Equities) with a 1Y correlation of 0.31, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.31 | 0.43 | 0.46 | 97 | Asia Pacific Equities | ASDV.L vs HTWN.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.32 | 0.45 | 0.52 | 97 | Asia Pacific Equities | ASDV.L vs KRWL.L | |
| iShares MSCI Taiwan UCITS ETF | 0.33 | 0.45 | 0.47 | 97 | Asia Pacific Equities | ASDV.L vs ITWN.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.42 | 0.58 | 0.64 | 95 | Asia Pacific Equities | ASDV.L vs FRQX.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.42 | 0.42 | 0.47 | 78 | Nasdaq-100 | ASDV.L vs EQQQ.L |
See all 46 diversifiers for ASDV.L
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