Looking to diversify beyond ENGY.L? The ETFs below have the lowest correlation with ENGY.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 ENGY.L.
Best Diversifiers for ENGY.L
19 ETFs have low correlation with ENGY.L (below 0.3), 14 of which are negatively correlated. The least correlated is SPDR MSCI ACWI UCITS ETF (ACWI.L) (Global Equities) with a 1Y correlation of -0.15, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI ACWI UCITS ETF | -0.15 | 0.13 | 0.22 | 81 | Global Equities | ENGY.L vs ACWI.L | |
| SPDR S&P 500 UCITS ETF USD Acc | -0.13 | — | — | 71 | S&P 500 | ENGY.L vs SPYL.L | |
| Vanguard FTSE All-World UCITS ETF Distributing | -0.10 | 0.16 | 0.25 | 81 | Global Equities | ENGY.L vs VWRL.L | |
| iShares MSCI Korea UCITS ETF (Acc) | -0.09 | 0.08 | 0.16 | 93 | South Korea Equities, Asia Pacific Equities | ENGY.L vs CSKR.L | |
| SPDR S&P 500 UCITS ETF | -0.09 | 0.12 | 0.20 | 73 | S&P 500 | ENGY.L vs SPX5.L |
See all 28 diversifiers for ENGY.L
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