Looking to diversify beyond ESIT.L? The ETFs below have the lowest correlation with ESIT.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 ESIT.L.
Best Diversifiers for ESIT.L
2 ETFs have low correlation with ESIT.L (below 0.3), 2 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 -0.15, down from 0.13 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... | -0.15 | 0.08 | 0.13 | 77 | Energy Equities | ESIT.L vs ESIE.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.11 | -0.08 | -0.15 | 100 | Government Bonds, Ultrashort Bond | ESIT.L vs IB01.L | |
| iShares FTSE 100 UCITS ETF | 0.34 | 0.42 | 0.48 | 54 | ESIT.L vs CUKX.L | ||
| KraneShares Electric Vehicles & Future Mobility ES... | 0.39 | 0.39 | — | 90 | Technology Equities | ESIT.L vs KARP.L | |
| iShares MSCI Japan GBP Hedged UCITS ETF | 0.49 | 0.47 | 0.52 | 83 | Japan Equities | ESIT.L vs IJPH.L |
See all 47 diversifiers for ESIT.L
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