Looking to diversify beyond DFNX.L? The ETFs below have the lowest correlation with DFNX.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 DFNX.L.
Best Diversifiers for DFNX.L
1 ETFs have low correlation with DFNX.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.13 | — | — | 87 | Global Equities, Dividend | DFNX.L vs TDGB.L | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.40 | — | — | 90 | Precious Metals | DFNX.L vs REGB.L | |
| VanEck Semiconductor UCITS ETF | 0.49 | — | — | 97 | Semiconductors, Technology Equities | DFNX.L vs SMGB.L | |
| Invesco Defence Innovation UCITS ETF Acc | 0.98 | — | — | 85 | Aerospace & Defense | DFNX.L vs IDFN.L |
Diversification Analysis
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