Looking to diversify beyond EUHD.L? The ETFs below have the lowest correlation with EUHD.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 EUHD.L.
Best Diversifiers for EUHD.L
6 ETFs have low correlation with EUHD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.21, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.21 | 0.17 | 0.27 | 75 | Technology Equities | EUHD.L vs XLKQ.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.23 | 0.20 | 0.20 | 99 | Europe Equities | EUHD.L vs JRDZ.L | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.24 | 0.23 | 0.23 | 78 | Nasdaq-100, Derivative Income | EUHD.L vs JEPQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.26 | 0.21 | 0.30 | 78 | Nasdaq-100 | EUHD.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.27 | 0.24 | 0.31 | 76 | Nasdaq-100 | EUHD.L vs EQQU.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EUHD.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EUHD.L and solid risk/return profiles. The least correlated is Allianz Technology Trust plc (ATT.L) (Financial Services) with a 1Y correlation of 0.19, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Allianz Technology Trust plc | 0.19 | 0.23 | 0.32 | 96 | Financial Services |
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