Looking to balance out your exposure to DEC.L? The ETFs below have the lowest correlation with DEC.L — they tend to move on their own, which can help reduce risk when DEC.L drops. The stock ideas table highlights individual companies that behave independently from DEC.L.
Best Diversifiers for DEC.L
1 ETFs have low correlation with DEC.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L) (S&P 500) with a 1Y correlation of 0.01, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.01 | 0.13 | 0.17 | 83 | S&P 500 | DEC.L vs VUAG.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DEC.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DEC.L and solid risk/return profiles. The least correlated is Tesco PLC (TSCO.L) (Consumer Defensive) with a 1Y correlation of -0.01, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesco PLC | -0.01 | 0.04 | 0.08 | 69 | Consumer Defensive |
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