Looking to diversify beyond EGRG.L? The ETFs below have the lowest correlation with EGRG.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 EGRG.L.
Best Diversifiers for EGRG.L
1 ETFs have low correlation with EGRG.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.26, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.26 | 0.20 | 0.13 | 56 | Silver, Precious Metals | EGRG.L vs PHSP.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.38 | 0.29 | 0.29 | 99 | Europe Equities | EGRG.L vs JRDZ.L | |
| Franklin European Quality Dividend UCITS ETF | 0.38 | 0.46 | 0.44 | 80 | Europe Equities | EGRG.L vs FLXD.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.49 | 0.33 | 0.27 | 90 | Europe Equities | EGRG.L vs UD03.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.54 | 0.51 | 0.43 | 61 | Europe Equities | EGRG.L vs SPOL.L |
See all 18 diversifiers for EGRG.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EGRG.L
Add EGRG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EGRG.L