Looking to diversify beyond ERNU.L? The ETFs below have the lowest correlation with ERNU.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 ERNU.L.
Best Diversifiers for ERNU.L
11 ETFs have low correlation with ERNU.L (below 0.3), 7 of which are negatively correlated. The least correlated is iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) (Asia Pacific Equities) with a 1Y correlation of -0.21, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Korea UCITS ETF (Acc) | -0.21 | -0.18 | -0.21 | 95 | Asia Pacific Equities | ERNU.L vs CSKR.L | |
| iShares Core MSCI EM IMI UCITS ETF | -0.17 | -0.13 | -0.13 | 69 | Emerging Markets Equities | ERNU.L vs EIMI.L | |
| iShares NASDAQ 100 UCITS ETF | -0.15 | -0.15 | -0.17 | 67 | Nasdaq-100 | ERNU.L vs CNDX.L | |
| iShares Edge MSCI World Value Factor UCITS ETF USD... | -0.13 | -0.06 | -0.08 | 97 | Global Equities | ERNU.L vs IWVG.L | |
| iShares MSCI ACWI UCITS ETF USD (Acc) | -0.10 | -0.02 | -0.09 | 67 | Global Equities | ERNU.L vs ISAC.L |
See all 18 diversifiers for ERNU.L
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