Looking to diversify beyond NDUS.L? The ETFs below have the lowest correlation with NDUS.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 NDUS.L.
Best Diversifiers for NDUS.L
0 ETFs have low correlation with NDUS.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDG.L) (Industrials Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.50 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.50 | 0.50 | — | 95 | Industrials Equities | NDUS.L vs JEDG.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.51 | 0.56 | 0.62 | 75 | Small Cap Value Equities | NDUS.L vs USSC.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.53 | 0.43 | 0.46 | 97 | Asia Pacific Equities | NDUS.L vs CSKR.L | |
| SPDR S&P 500 UCITS ETF | 0.57 | 0.54 | 0.60 | 83 | S&P 500 | NDUS.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.60 | 0.58 | 0.63 | 75 | S&P 500 | NDUS.L vs SPY5.L |
See all 14 diversifiers for NDUS.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements NDUS.L
Add NDUS.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with NDUS.L