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
6 ETFs have low correlation with DFNS.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of 0.02, down from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.02 | 0.22 | — | 57 | Energy Equities, S&P 500 | DFNS.L vs IUES.L | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.13 | 0.14 | — | 54 | Emerging Markets Bonds | DFNS.L vs EMGB.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.14 | 0.33 | — | 87 | Global Equities, Dividend | DFNS.L vs TDGB.L | |
| iShares Physical Silver ETC | 0.25 | 0.20 | — | 53 | Silver, Precious Metals | DFNS.L vs SSLN.L | |
| iShares Edge MSCI Europe Value Factor UCITS ETF | 0.29 | 0.39 | 0.39 | 77 | Europe Equities | DFNS.L vs IEFV.L |
See all 31 diversifiers for DFNS.L
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