Looking to diversify beyond MVEW.L? The ETFs below have the lowest correlation with MVEW.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 MVEW.L.
Best Diversifiers for MVEW.L
54 ETFs have low correlation with MVEW.L (below 0.3), 3 of which are negatively correlated. The least correlated is VanEck Semiconductor UCITS ETF (SMH.L) (Semiconductors) with a 1Y correlation of -0.16, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor UCITS ETF | -0.16 | 0.11 | 0.25 | 94 | Semiconductors, Technology Equities, ESG, Global Equities | MVEW.L vs SMH.L | |
| L&G Battery Value-Chain UCITS ETF | -0.05 | 0.15 | 0.28 | 68 | Lithium & Battery Metals, Alternative Energy Equities, Global Equities | MVEW.L vs BATG.L | |
| iShares Core MSCI EM IMI UCITS ETF | -0.03 | 0.18 | 0.26 | 50 | Emerging Markets Equities | MVEW.L vs EIMI.L | |
| iShares NASDAQ 100 UCITS ETF | 0.06 | 0.28 | 0.43 | 51 | Nasdaq-100 | MVEW.L vs CNDX.L | |
| Lyxor MSCI Smart Cities ESG Filtered (DR) UCITS ET... | 0.09 | 0.37 | 0.49 | 58 | Global Equities | MVEW.L vs IQCY.L |
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