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
5 ETFs have low correlation with DIA.AS (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR MSCI World Utilities UCITS ETF (WUTI.AS) (Utilities Equities) with a 1Y correlation of 0.08, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Utilities UCITS ETF | 0.08 | 0.16 | 0.31 | 61 | Utilities Equities | DIA.AS vs WUTI.AS | |
| State Street SPDR MSCI World Health Care UCITS ETF | 0.10 | 0.29 | 0.44 | 58 | Health & Biotech Equities | DIA.AS vs WHEA.AS | |
| SPDR MSCI World Financials UCITS ETF | 0.16 | 0.36 | 0.51 | 65 | Financials Equities | DIA.AS vs WFIN.AS | |
| State Street SPDR MSCI World Industrials UCITS ETF | 0.21 | 0.37 | 0.54 | 53 | Industrials Equities | DIA.AS vs WIND.AS | |
| SPDR MSCI World UCITS ETF | 0.22 | 0.41 | 0.57 | 84 | Global Equities | DIA.AS vs SWRD.AS |
Diversification Analysis
Build a portfolio that complements DIA.AS
Add DIA.AS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DIA.AS