Looking to diversify beyond EUDI.L? The ETFs below have the lowest correlation with EUDI.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 EUDI.L.
Best Diversifiers for EUDI.L
6 ETFs have low correlation with EUDI.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (USD) Accumulating (VUAG.L) (S&P 500) with a 1Y correlation of 0.23, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.23 | 0.28 | 0.43 | 76 | S&P 500 | EUDI.L vs VUAG.L | |
| SPDR S&P 500 UCITS ETF | 0.23 | 0.27 | 0.43 | 76 | S&P 500 | EUDI.L vs SPX5.L | |
| iShares Edge MSCI USA Value Factor UCITS | 0.25 | 0.36 | 0.48 | 97 | Large Cap Value Equities | EUDI.L vs IUVF.L | |
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | 0.27 | 0.29 | 0.42 | 57 | Momentum, Global Equities | EUDI.L vs IWFM.L | |
| State Street SPDR S&P 500 UCITS ETF (Dist) | 0.27 | 0.31 | 0.46 | 70 | S&P 500 | EUDI.L vs SPY5.L |
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