Looking to diversify beyond DFNS.L? The ETFs below have the lowest correlation with DFNS.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 DFNS.L.
Best Diversifiers for DFNS.L
5 ETFs have low correlation with DFNS.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.17, down from 0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.17 | 0.34 | — | 93 | Global Equities, Dividend | DFNS.L vs TDGB.L | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.19 | 0.21 | — | 63 | Emerging Markets Bonds | DFNS.L vs EMGB.L | |
| VanEck Semiconductor UCITS ETF | 0.24 | 0.34 | — | 97 | Semiconductors, Technology Equities | DFNS.L vs SMGB.L | |
| VanEck Semiconductor UCITS ETF | 0.28 | 0.40 | — | 97 | Semiconductors, Technology Equities, ESG, Global Equities | DFNS.L vs SMH.L | |
| SPDR MSCI World Financials UCITS ETF | 0.29 | 0.43 | — | 54 | Financials Equities | DFNS.L vs FNCW.L |
See all 36 diversifiers for DFNS.L
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