Looking to diversify beyond ESIN.L? The ETFs below have the lowest correlation with ESIN.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 ESIN.L.
Best Diversifiers for ESIN.L
2 ETFs have low correlation with ESIN.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of -0.23, down from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.23 | 0.07 | — | 59 | Energy Equities | ESIN.L vs WENS.L | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.24 | 0.28 | 0.41 | 57 | Utilities Equities | ESIN.L vs UTIL.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.35 | 0.54 | 0.57 | 91 | Global Equities, Dividend | ESIN.L vs TDGB.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.43 | 0.49 | 0.44 | 94 | Asia Pacific Equities | ESIN.L vs FRQX.L | |
| iShares MSCI EM Latin America UCITS ETF USD (Dist) | 0.46 | 0.44 | 0.40 | 62 | Latin America Equities | ESIN.L vs LTAM.L |
See all 21 diversifiers for ESIN.L
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