Looking to diversify beyond AUEG.L? The ETFs below have the lowest correlation with AUEG.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 AUEG.L.
Best Diversifiers for AUEG.L
1 ETFs have low correlation with AUEG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.06, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.06 | -0.07 | -0.03 | 99 | Money Market | AUEG.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.40 | 0.43 | 0.42 | 55 | Financials Equities | AUEG.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.41 | 0.50 | 0.49 | 55 | Europe Equities | AUEG.L vs 100D.L | |
| Amundi MSCI Japan UCITS ETF Acc | 0.49 | 0.47 | 0.47 | 59 | Japan Equities | AUEG.L vs LCJP.L | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.50 | 0.64 | 0.63 | 63 | Emerging Markets Equities | AUEG.L vs EMHD.L |
See all 32 diversifiers for AUEG.L
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