Looking to diversify beyond ESIH.L? The ETFs below have the lowest correlation with ESIH.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 ESIH.L.
Best Diversifiers for ESIH.L
9 ETFs have low correlation with ESIH.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 -0.11, down from 0.07 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... | -0.11 | 0.04 | 0.07 | 78 | Energy Equities | ESIH.L vs ESIE.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.04 | 0.15 | 0.24 | 70 | Technology Equities, S&P 500 | ESIH.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.06 | 0.17 | 0.24 | 68 | Technology Equities, S&P 500 | ESIH.L vs IUIT.L | |
| iShares Global Clean Energy UCITS ETF USD (Dist) | 0.15 | 0.20 | 0.26 | 91 | Energy Equities | ESIH.L vs INRG.L | |
| Vanguard FTSE Developed Asia Pacific ex Japan UCIT... | 0.17 | 0.26 | 0.29 | 95 | Asia Pacific Equities | ESIH.L vs VDPG.L |
See all 21 diversifiers for ESIH.L
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