Looking to balance out your exposure to ASRNL.AS? The ETFs below have the lowest correlation with ASRNL.AS — they tend to move on their own, which can help reduce risk when ASRNL.AS drops. The stock ideas table highlights individual companies that behave independently from ASRNL.AS.
Best Diversifiers for ASRNL.AS
1 ETFs have low correlation with ASRNL.AS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.AS) (S&P 500) with a 1Y correlation of 0.29, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.29 | 0.26 | 0.32 | 70 | S&P 500 | ASRNL.AS vs VUSA.AS | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.35 | 0.33 | 0.39 | 71 | Global Equities | ASRNL.AS vs IWDA.AS |
Diversification Analysis
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