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iShares MSCI Europe SRI UCITS ETF EUR (Acc) (IESE.AS) Diversifiers

ETF · Currency in EUR · Last updated Jun 4, 2026

The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI Europe SRI Select Reduced Fossil Fuel Index.In order to achieve its investment objective, the investment policy of this Fund is to invest in a portfolio of equity securities that so far as possible and practicable consists of the component securities of the MSCI Europe SRI Select Reduced Fossil Fuel Index, this Fund"s Benchmark Index. The Fund intends to use optimisation techniques in order to achieve a similar return to the Benchmark Index and it is therefore not expected that the Fund will hold each and every underlying constituent of the Benchmark Index at all times or hold them in the same proportion as their weightings in the Benchmark Index.

Looking to diversify beyond IESE.AS? The ETFs below have the lowest correlation with IESE.AS — 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 IESE.AS.

Best Diversifiers for IESE.AS

0 ETFs have low correlation with IESE.AS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.AS) (Nasdaq-100) with a 1Y correlation of 0.50, roughly unchanged from 0.60 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CNDX.AS
iShares NASDAQ 100 UCITS ETF0.500.520.60
71
Nasdaq-100IESE.AS vs CNDX.AS
WITS.AS
iShares MSCI World Information Technology Sector E...0.500.550.60
68
Technology EquitiesIESE.AS vs WITS.AS
CSPX.AS
iShares Core S&P 500 UCITS ETF0.600.570.65
68
S&P 500IESE.AS vs CSPX.AS
WINC.AS
iShares World Equity High Income UCITS ETF USD Inc0.63——
74
Global Equity IncomeIESE.AS vs WINC.AS
IWRD.AS
iShares MSCI World UCITS ETF0.720.710.76
67
Global EquitiesIESE.AS vs IWRD.AS
See all 6 diversifiers for IESE.AS

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Diversification Analysis

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