Looking to diversify beyond HEAE.L? The ETFs below have the lowest correlation with HEAE.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 HEAE.L.
Best Diversifiers for HEAE.L
7 ETFs have low correlation with HEAE.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.L) (Nasdaq-100) with a 1Y correlation of 0.09, roughly unchanged from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.09 | 0.17 | — | 75 | Nasdaq-100 | HEAE.L vs CNDX.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.22 | 0.26 | 0.24 | 75 | S&P 500 | HEAE.L vs SPY5.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.22 | — | — | 74 | S&P 500 | HEAE.L vs SPYL.L | |
| Invesco S&P 500 UCITS ETF | 0.24 | 0.28 | — | 83 | S&P 500 | HEAE.L vs SPXP.L | |
| SPDR S&P 500 UCITS ETF | 0.24 | 0.27 | 0.26 | 83 | S&P 500 | HEAE.L vs SPX5.L |
See all 23 diversifiers for HEAE.L
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