Looking to diversify beyond DFNG.L? The ETFs below have the lowest correlation with DFNG.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 DFNG.L.
Best Diversifiers for DFNG.L
28 ETFs have low correlation with DFNG.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of 0.02, down from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | 0.02 | 0.22 | — | 55 | Energy Equities | DFNG.L vs WENS.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.03 | 0.23 | — | 57 | Energy Equities, S&P 500 | DFNG.L vs IUES.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.07 | 0.27 | — | 87 | Global Equities, Dividend | DFNG.L vs TDGB.L | |
| iShares GBP Corporate Bond 0-5yr UCITS ETF | 0.13 | 0.10 | — | 56 | European Corporate Bonds | DFNG.L vs IS15.L | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.13 | 0.15 | 0.14 | 54 | Emerging Markets Bonds | DFNG.L vs EMGB.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DFNG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DFNG.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca Cola HBC AG | -0.11 | 0.06 | 0.06 | 52 | Consumer Defensive | |
| Games Workshop Group plc | 0.07 | 0.16 | 0.16 | 72 | Consumer Cyclical | |
| Rolls-Royce Holdings PLC | 0.51 | 0.45 | — | 74 | Industrials |
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