Looking to balance out your exposure to EDV.L? The ETFs below have the lowest correlation with EDV.L — they tend to move on their own, which can help reduce risk when EDV.L drops. The stock ideas table highlights individual companies that behave independently from EDV.L.
No Diversifiers Found for EDV.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EDV.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EDV.L and solid risk/return profiles. The least correlated is Greatland Gold plc (GGP.L) (Basic Materials) with a 1Y correlation of 0.49, up from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Greatland Gold plc | 0.49 | 0.33 | — | 87 | Basic Materials |
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