Looking to diversify beyond DEMD.L? The ETFs below have the lowest correlation with DEMD.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 DEMD.L.
Best Diversifiers for DEMD.L
4 ETFs have low correlation with DEMD.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust US Equity Income UCITS ETF (UINC.L) (Dividend) with a 1Y correlation of 0.09, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust US Equity Income UCITS ETF | 0.09 | 0.29 | 0.34 | 81 | Dividend | DEMD.L vs UINC.L | |
| JPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Inc... | 0.19 | 0.11 | 0.11 | 99 | Dividend | DEMD.L vs JPST.L | |
| First Trust US Equity Income UCITS ETF Class B | 0.23 | 0.37 | 0.42 | 72 | Dividend | DEMD.L vs UNCU.L | |
| First Trust US Equity Income UCITS ETF | 0.24 | 0.38 | 0.43 | 78 | Dividend | DEMD.L vs UIND.L | |
| Franklin Global Quality Dividend UCITS ETF | 0.42 | 0.40 | 0.45 | 79 | Dividend | DEMD.L vs FLXX.L |
See all 30 diversifiers for DEMD.L
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