Looking to diversify beyond ESPX.AS? The ETFs below have the lowest correlation with ESPX.AS — 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 ESPX.AS.
Best Diversifiers for ESPX.AS
0 ETFs have low correlation with ESPX.AS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Euro Dividend UCITS ETF (IDVY.AS) (Europe Equities) with a 1Y correlation of 0.46, roughly unchanged from 0.41 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Euro Dividend UCITS ETF | 0.46 | 0.41 | — | 68 | Europe Equities | ESPX.AS vs IDVY.AS | |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.56 | 0.54 | — | 56 | Europe Equities | ESPX.AS vs IMAE.AS | |
| iShares NASDAQ 100 UCITS ETF | 0.69 | 0.77 | — | 76 | Nasdaq-100 | ESPX.AS vs CNDX.AS | |
| iShares MSCI World Information Technology Sector E... | 0.70 | 0.76 | — | 52 | Technology Equities | ESPX.AS vs WITS.AS | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.73 | 0.79 | — | 81 | Global Equities | ESPX.AS vs IWDA.AS |
See all 7 diversifiers for ESPX.AS
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