Looking to diversify beyond MVED.L? The ETFs below have the lowest correlation with MVED.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 MVED.L.
Best Diversifiers for MVED.L
0 ETFs have low correlation with MVED.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Emerging Markets Equity Income UCITS ETF (DEM.L) (Emerging Markets Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.36 | 0.36 | 0.36 | 59 | Emerging Markets Equities | MVED.L vs DEM.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.36 | 0.37 | 0.41 | 58 | Europe Equities | MVED.L vs SPOL.L | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.37 | 0.39 | 0.54 | 70 | S&P 500 | MVED.L vs CSPX.L | |
| iShares Core MSCI EMU UCITS ETF EUR (Dist) | 0.41 | 0.35 | — | 51 | Europe Equities | MVED.L vs 0Y8Z.L | |
| Invesco STOXX Europe 600 Optimised Banks UCITS ETF | 0.42 | 0.49 | 0.49 | 82 | Europe Equities | MVED.L vs X7PS.L |
See all 81 diversifiers for MVED.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements MVED.L
Add MVED.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MVED.L