Looking to diversify beyond ESIF.L? The ETFs below have the lowest correlation with ESIF.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 ESIF.L.
Best Diversifiers for ESIF.L
1 ETFs have low correlation with ESIF.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) (Energy Equities) with a 1Y correlation of -0.17, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.17 | 0.18 | 0.30 | 77 | Energy Equities | ESIF.L vs ESIE.L | |
| VanEck Semiconductor UCITS ETF | 0.31 | 0.34 | 0.40 | 97 | Semiconductors, Technology Equities | ESIF.L vs SMGB.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.34 | 0.31 | 0.33 | 97 | Asia Pacific Equities | ESIF.L vs CSKR.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.37 | 0.30 | 0.36 | 73 | Technology Equities, S&P 500 | ESIF.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.32 | 0.37 | 71 | Technology Equities, S&P 500 | ESIF.L vs IUIT.L |
See all 24 diversifiers for ESIF.L
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