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iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) Diversifiers

ETF · Currency in USD · Last updated Jun 5, 2026

iShares Core EURO STOXX 50 UCITS ETF is an exchange traded fund launched by BlackRock Asset Management Ireland Limited. It is managed by BlackRock Advisors (UK) Limited. The fund invests in the public equity markets of the Euro zone. It seeks to invest in stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the EURO STOXX 50 Index, by investing in the stocks of companies as per their weightings in the index. It was formerly known as iShares EURO STOXX 50 - B UCITS ETF (Acc). iShares Core EURO STOXX 50 UCITS ETF was formed on January 26, 2010 and is domiciled in Ireland.

Looking to diversify beyond ISX5.L? The ETFs below have the lowest correlation with ISX5.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 ISX5.L.

Best Diversifiers for ISX5.L

1 ETFs have low correlation with ISX5.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Europe Utilities ESG Screened UCITS ETF 1C (XS6R.L) (Utilities Equities) with a 1Y correlation of 0.30, roughly unchanged from 0.39 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XS6R.L
Xtrackers MSCI Europe Utilities ESG Screened UCITS...0.300.310.39
54
Utilities EquitiesISX5.L vs XS6R.L
JRDZ.L
JPMorgan Eurozone Research Enhanced Index Equity (...0.370.290.29
99
Europe EquitiesISX5.L vs JRDZ.L
XLKQ.L
Invesco Technology S&P US Select Sector UCITS ETF ...0.460.440.50
73
Technology EquitiesISX5.L vs XLKQ.L
UD03.L
UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF...0.490.340.29
90
Europe EquitiesISX5.L vs UD03.L
IITU.L
iShares S&P 500 Information Technology Sector UCIT...0.530.500.57
70
Technology Equities, S&P 500ISX5.L vs IITU.L
See all 33 diversifiers for ISX5.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ISX5.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ISX5.L and solid risk/return profiles. The least correlated is AstraZeneca plc (AZN.L) (Healthcare) with a 1Y correlation of 0.24, roughly unchanged from 0.24 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AZN.L
AstraZeneca plc0.240.250.24
74
Healthcare

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