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
5 ETFs have low correlation with EUDI.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) (Technology Equities) with a 1Y correlation of 0.17, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.17 | 0.18 | 0.34 | 50 | Technology Equities, S&P 500 | EUDI.L vs IUIT.L | |
| Vanguard S&P 500 UCITS ETF (USD) Accumulating | 0.29 | 0.29 | 0.44 | 82 | S&P 500 | EUDI.L vs VUAG.L | |
| iShares Automation & Robotics UCITS ETF | 0.29 | 0.37 | 0.49 | 62 | Robotics, Technology Equities | EUDI.L vs RBOD.L | |
| SPDR S&P 500 UCITS ETF | 0.29 | 0.29 | 0.44 | 82 | S&P 500 | EUDI.L vs SPX5.L | |
| iShares Edge MSCI USA Value Factor UCITS | 0.30 | 0.37 | 0.49 | 98 | Large Cap Value Equities | EUDI.L vs IUVF.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EUDI.L
Add EUDI.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EUDI.L