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
1 ETFs have low correlation with MVED.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) (Europe Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.29 | 0.21 | 0.21 | 99 | Europe Equities | MVED.L vs JRDZ.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.38 | 0.39 | 0.43 | 61 | Europe Equities | MVED.L vs SPOL.L | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.38 | 0.40 | 0.54 | 73 | S&P 500 | MVED.L vs CSPX.L | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.42 | 0.37 | 0.37 | 78 | Emerging Markets Equities | MVED.L vs DEM.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.47 | 0.30 | 0.23 | 90 | Europe Equities | MVED.L vs UD03.L |
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