Looking to diversify beyond DJEL.L? The ETFs below have the lowest correlation with DJEL.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 DJEL.L.
Best Diversifiers for DJEL.L
1 ETFs have low correlation with DJEL.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of 0.00, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.00 | -0.04 | -0.02 | 99 | Money Market | DJEL.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.39 | 0.30 | 0.33 | 55 | Financials Equities | DJEL.L vs BNKE.L | |
| Amundi Nasdaq-100 UCITS USD | 0.49 | 0.46 | 0.50 | 76 | Nasdaq-100 | DJEL.L vs ANXU.L | |
| Amundi FTSE 100 UCITS ETF | 0.52 | 0.45 | 0.48 | 55 | Europe Equities | DJEL.L vs 100D.L | |
| iShares MSCI USA Islamic UCITS ETF | 0.54 | 0.62 | 0.64 | 90 | Large Cap Blend Equities | DJEL.L vs ISDU.L |
See all 28 diversifiers for DJEL.L
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