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 iShares Core S&P 500 UCITS ETF USD (Acc) (CSPX.L) (S&P 500) with a 1Y correlation of 0.31, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.31 | 0.36 | 0.50 | 67 | S&P 500 | MVED.L vs CSPX.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.35 | 0.37 | 0.41 | 57 | Europe Equities | MVED.L vs SPOL.L | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.39 | 0.37 | 0.36 | 77 | Emerging Markets Equities | MVED.L vs DEM.L | |
| First Trust Eurozone AlphaDEX® UCITS ETF Class A S... | 0.51 | 0.58 | 0.65 | 76 | Europe Equities | MVED.L vs FEUZ.L | |
| First Trust United Kingdom AlphaDEX UCITS ETF Acc | 0.51 | 0.58 | 0.63 | 51 | Europe Equities | MVED.L vs FKU.L |
See all 100 diversifiers for MVED.L
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