Looking to diversify beyond IDTP.L? The ETFs below have the lowest correlation with IDTP.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 IDTP.L.
Best Diversifiers for IDTP.L
20 ETFs have low correlation with IDTP.L (below 0.3), 3 of which are negatively correlated. The least correlated is SPDR MSCI Europe Energy UCITS ETF (ENGE.L) (Energy Equities) with a 1Y correlation of -0.07, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Energy UCITS ETF | -0.07 | 0.01 | — | 78 | Energy Equities | IDTP.L vs ENGE.L | |
| Lyxor MSCI Emerging Markets UCITS ETF - Acc USD | -0.03 | 0.01 | -0.01 | 88 | Emerging Markets Equities | IDTP.L vs LEML.L | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | -0.03 | 0.01 | -0.01 | 87 | Emerging Markets Equities | IDTP.L vs EMIM.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.09 | 0.05 | 0.08 | 70 | Technology Equities, S&P 500 | IDTP.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.11 | 0.06 | 0.09 | 68 | Technology Equities, S&P 500 | IDTP.L vs IUIT.L |
See all 22 diversifiers for IDTP.L
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Diversification Analysis
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