Looking to diversify beyond EUMV.L? The ETFs below have the lowest correlation with EUMV.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 EUMV.L.
Best Diversifiers for EUMV.L
0 ETFs have low correlation with EUMV.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Poland UCITS ETF USD (Acc) (SPOL.L) (Europe Equities) with a 1Y correlation of 0.45, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.45 | 0.48 | 0.47 | 56 | Europe Equities | EUMV.L vs SPOL.L | |
| Invesco STOXX Europe 600 Optimised Banks UCITS ETF... | 0.52 | 0.65 | 0.59 | 82 | Europe Equities, Financials Equities | EUMV.L vs X7PS.L | |
| L&G UK Equity UCITS ETF | 0.55 | 0.65 | 0.68 | 54 | Europe Equities | EUMV.L vs LGUK.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.58 | 0.70 | 0.75 | 88 | Europe Equities | EUMV.L vs LCPE.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.59 | 0.73 | — | 85 | Europe Equities | EUMV.L vs JRDZ.L |
See all 47 diversifiers for EUMV.L
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