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
2 ETFs have low correlation with ASDV.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) (Government Bonds) with a 1Y correlation of -0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.04 | -0.01 | 0.03 | 98 | Government Bonds, Ultrashort Bond | ASDV.L vs IBTU.L | |
| iShares MSCI Taiwan UCITS ETF | 0.25 | 0.41 | 0.46 | 95 | Taiwan Equities, Asia Pacific Equities | ASDV.L vs ITWN.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.32 | 0.37 | 0.42 | 58 | Large Cap Blend Equities, Dividend | ASDV.L vs USDV.L | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.36 | 0.45 | 0.53 | 93 | South Korea Equities, Asia Pacific Equities | ASDV.L vs XKS2.L | |
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.37 | 0.49 | 0.55 | 94 | Taiwan Equities, Asia Pacific Equities | ASDV.L vs HTWN.L |
See all 55 diversifiers for ASDV.L
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