Looking to diversify beyond EEDM.L? The ETFs below have the lowest correlation with EEDM.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 EEDM.L.
Best Diversifiers for EEDM.L
0 ETFs have low correlation with EEDM.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core S&P 500 UCITS ETF (CSP1.L) (S&P 500) with a 1Y correlation of 0.63, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 UCITS ETF | 0.63 | 0.57 | 0.60 | 72 | S&P 500 | EEDM.L vs CSP1.L | |
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.63 | 0.69 | 0.69 | 74 | Emerging Markets Equities | EEDM.L vs HDEM.L | |
| JPM BetaBuilders US Equity UCITS ETF - USD (dist) | 0.66 | 0.62 | 0.63 | 67 | Large Cap Blend Equities | EEDM.L vs BBUD.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.67 | 0.65 | 0.67 | 79 | Global Equities | EEDM.L vs SWDA.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.67 | 0.75 | 0.75 | 63 | Emerging Markets Equities | EEDM.L vs SEDY.L |
See all 22 diversifiers for EEDM.L
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Diversification Analysis
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