Looking to diversify beyond ENGE.L? The ETFs below have the lowest correlation with ENGE.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 ENGE.L.
Best Diversifiers for ENGE.L
24 ETFs have low correlation with ENGE.L (below 0.3), 21 of which are negatively correlated. The least correlated is Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) (Technology Equities) with a 1Y correlation of -0.20, down from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Information Technology UCITS ... | -0.20 | 0.03 | — | 68 | Technology Equities | ENGE.L vs XDWT.L | |
| SPDR MSCI All Country World UCITS ETF | -0.19 | 0.16 | — | 73 | Global Equities | ENGE.L vs ACWD.L | |
| State Street SPDR S&P 500 UCITS ETF | -0.17 | 0.12 | — | 75 | S&P 500 | ENGE.L vs SPY5.L | |
| SPDR MSCI ACWI IMI | -0.15 | 0.18 | — | 75 | Global Equities | ENGE.L vs IMID.L | |
| Lyxor MSCI Emerging Markets UCITS ETF - Acc USD | -0.14 | 0.19 | — | 88 | Emerging Markets Equities | ENGE.L vs LEML.L |
See all 39 diversifiers for ENGE.L
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