Looking to diversify beyond NDIA.L? The ETFs below have the lowest correlation with NDIA.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 NDIA.L.
Best Diversifiers for NDIA.L
1 ETFs have low correlation with NDIA.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE EM High Dividend Low Volatility UCITS ETF (HDEM.L) (Emerging Markets Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.27 | 0.31 | 0.31 | 79 | Emerging Markets Equities | NDIA.L vs HDEM.L | |
| First Trust Emerging Markets AlphaDEX UCITS ETF Ac... | 0.31 | 0.34 | 0.36 | 84 | Emerging Markets Equities | NDIA.L vs FEM.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.32 | 0.28 | 0.34 | 70 | Technology Equities, S&P 500 | NDIA.L vs IITU.L | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.32 | 0.37 | 0.42 | 63 | Emerging Markets Equities | NDIA.L vs EMHD.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.37 | 0.42 | 0.46 | 81 | Emerging Markets Equities | NDIA.L vs SEDY.L |
See all 29 diversifiers for NDIA.L
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