Looking to diversify beyond EEDG.L? The ETFs below have the lowest correlation with EEDG.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 EEDG.L.
Best Diversifiers for EEDG.L
0 ETFs have low correlation with EEDG.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust US Large Cap Core AlphaDEX UCITS Class B (FEXD.L) (Large Cap Blend Equities) with a 1Y correlation of 0.57, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.57 | 0.66 | 0.71 | 93 | Large Cap Blend Equities | EEDG.L vs FEXD.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.58 | 0.53 | 0.53 | 78 | Emerging Markets Equities | EEDG.L vs EIMI.L | |
| First Trust US Large Cap Core AlphaDEX UCITS ETF | 0.70 | 0.75 | 0.79 | 80 | Large Cap Blend Equities | EEDG.L vs FEXU.L | |
| iShares MSCI USA Islamic UCITS ETF | 0.76 | 0.84 | 0.83 | 90 | Large Cap Blend Equities | EEDG.L vs ISDU.L | |
| First Trust US Large Cap Core AlphaDEX® UCITS ETF ... | 0.76 | 0.80 | 0.85 | 88 | Large Cap Blend Equities | EEDG.L vs FEX.L |
See all 30 diversifiers for EEDG.L
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Diversification Analysis
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