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 iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of 0.01, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.01 | -0.04 | -0.03 | 70 | Technology Equities, S&P 500 | SDEU.L vs IITU.L | |
| iShares NASDAQ 100 UCITS ETF | 0.05 | -0.01 | -0.01 | 75 | Nasdaq-100 | SDEU.L vs CNDX.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.06 | 0.00 | 0.01 | 78 | Nasdaq-100 | SDEU.L vs EQQQ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.06 | 0.11 | 68 | Technology Equities, S&P 500 | SDEU.L vs IUIT.L | |
| iShares Core S&P 500 UCITS ETF | 0.12 | 0.04 | 0.01 | 82 | S&P 500 | SDEU.L vs CSP1.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SDEU.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SDEU.L and solid risk/return profiles. The least correlated is Fidelity China Special Situations plc (FCSS.L) (Financial Services) with a 1Y correlation of 0.10, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fidelity China Special Situations plc | 0.10 | 0.01 | 0.00 | 61 | Financial Services |
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