Looking to diversify beyond IDAP.L? The ETFs below have the lowest correlation with IDAP.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 IDAP.L.
Best Diversifiers for IDAP.L
1 ETFs have low correlation with IDAP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Corporate Bond 0-3yr ESG UCITS ETF USD (Dist) (SUSU.L) (Corporate Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Corporate Bond 0-3yr ESG UCITS ETF USD... | 0.21 | 0.19 | 0.22 | 93 | Corporate Bonds | IDAP.L vs SUSU.L | |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 0.31 | 0.19 | 0.13 | 88 | Government Bonds, Short-Term Bond | IDAP.L vs IBTA.L | |
| iShares MSCI Taiwan UCITS ETF | 0.38 | 0.44 | 0.45 | 97 | Asia Pacific Equities | IDAP.L vs ITWN.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.41 | 0.49 | 0.55 | 97 | Asia Pacific Equities | IDAP.L vs KRWL.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.41 | 0.38 | 0.45 | 70 | Technology Equities, S&P 500 | IDAP.L vs IITU.L |
See all 39 diversifiers for IDAP.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements IDAP.L
Add IDAP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IDAP.L