Looking to diversify beyond DRVG.L? The ETFs below have the lowest correlation with DRVG.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 DRVG.L.
Best Diversifiers for DRVG.L
0 ETFs have low correlation with DRVG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) (Dividend) with a 1Y correlation of 0.36, down from 0.51 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X SuperDividend UCITS ETF USD Distributing | 0.36 | 0.51 | — | 64 | Dividend | DRVG.L vs SDIP.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.42 | 0.44 | — | 84 | Nasdaq-100, Options Trading | DRVG.L vs QYLP.L | |
| Global X Genomics & Biotechnology UCITS ETF | 0.48 | 0.53 | — | 78 | Health & Biotech Equities | DRVG.L vs GNOG.L | |
| Global X Renewable Energy Producers UCITS ETF USD ... | 0.53 | 0.50 | 0.53 | 56 | Energy Equities | DRVG.L vs RNRU.L | |
| Global X Copper Miners UCITS ETF USD Acc | 0.56 | 0.57 | — | 69 | Copper | DRVG.L vs COPG.L |
See all 21 diversifiers for DRVG.L
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