Looking to diversify beyond DIA.AS? The ETFs below have the lowest correlation with DIA.AS — 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 DIA.AS.
Best Diversifiers for DIA.AS
4 ETFs have low correlation with DIA.AS (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI World Technology UCITS ETF (WTCH.AS) (Technology Equities) with a 1Y correlation of 0.19, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI World Technology UCITS ETF | 0.19 | 0.29 | 0.44 | 66 | Technology Equities | DIA.AS vs WTCH.AS | |
| SPDR MSCI World Materials UCITS ETF | 0.19 | 0.27 | 0.41 | 52 | Industrials Equities | DIA.AS vs WMAT.AS | |
| SPDR S&P U.S. Technology Select Sector UCITS ETF | 0.19 | 0.30 | 0.46 | 69 | Technology Equities | DIA.AS vs SXLK.AS | |
| SPDR MSCI World UCITS ETF | 0.23 | 0.42 | 0.58 | 68 | Global Equities | DIA.AS vs SWRD.AS |
Diversification Analysis
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