Looking to diversify beyond ERNA.L? The ETFs below have the lowest correlation with ERNA.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 ERNA.L.
Best Diversifiers for ERNA.L
20 ETFs have low correlation with ERNA.L (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco USD AAA CLO UCITS ETF Acc | -0.15 | — | — | 97 | CLO, Bank Loan | ERNA.L vs ICLU.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.00 | 0.05 | 0.09 | 97 | Government Bonds, Ultrashort Bond | ERNA.L vs USFR.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.02 | 0.06 | 0.10 | 70 | Technology Equities, S&P 500 | ERNA.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.03 | 0.07 | 0.11 | 68 | Technology Equities, S&P 500 | ERNA.L vs IUIT.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.06 | 0.11 | 0.12 | 97 | Asia Pacific Equities | ERNA.L vs CSKR.L |
See all 22 diversifiers for ERNA.L
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