Looking to diversify beyond ESIS.L? The ETFs below have the lowest correlation with ESIS.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 ESIS.L.
Best Diversifiers for ESIS.L
14 ETFs have low correlation with ESIS.L (below 0.3), 3 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of -0.19, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | -0.19 | -0.05 | 0.11 | 70 | Technology Equities, S&P 500 | ESIS.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.17 | -0.04 | 0.12 | 68 | Technology Equities, S&P 500 | ESIS.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF | -0.09 | 0.03 | 0.17 | 75 | Nasdaq-100 | ESIS.L vs CNDX.L | |
| iShares Core S&P 500 UCITS ETF | 0.02 | 0.14 | 0.29 | 82 | S&P 500 | ESIS.L vs CSP1.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.04 | 0.15 | 0.20 | 94 | Asia Pacific Equities | ESIS.L vs FRQX.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ESIS.L
Add ESIS.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ESIS.L