Looking to diversify beyond EMDV.L? The ETFs below have the lowest correlation with EMDV.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 EMDV.L.
Best Diversifiers for EMDV.L
2 ETFs have low correlation with EMDV.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.28, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.28 | 0.40 | 0.44 | 91 | Global Equities, Dividend | EMDV.L vs TDGB.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.29 | 0.35 | 0.35 | 75 | Small Cap Value Equities | EMDV.L vs USSC.L | |
| Amundi Index MSCI Emerging Markets SRI PAB UCITS E... | 0.42 | 0.36 | 0.35 | 85 | Emerging Markets Equities | EMDV.L vs MSDG.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.43 | 0.42 | 0.40 | 75 | S&P 500 | EMDV.L vs SPY5.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.43 | — | — | 74 | S&P 500 | EMDV.L vs SPYL.L |
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