Looking to diversify beyond SDEU.L? The ETFs below have the lowest correlation with SDEU.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 SDEU.L.
Best Diversifiers for SDEU.L
7 ETFs have low correlation with SDEU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) (Nasdaq-100) with a 1Y correlation of 0.12, up from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.12 | 0.00 | 0.02 | 60 | Nasdaq-100 | SDEU.L vs EQQQ.L | |
| iShares NASDAQ 100 UCITS ETF | 0.13 | 0.00 | 0.00 | 58 | Nasdaq-100 | SDEU.L vs CNDX.L | |
| iShares Core S&P 500 UCITS ETF | 0.17 | 0.05 | 0.02 | 75 | S&P 500 | SDEU.L vs CSP1.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.20 | 0.06 | 0.02 | 55 | Emerging Markets Equities | SDEU.L vs EIMI.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.22 | 0.06 | 0.01 | 69 | Global Equities | SDEU.L vs IWDA.L |
See all 7 diversifiers for SDEU.L
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