Looking to diversify beyond SDHA.L? The ETFs below have the lowest correlation with SDHA.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 SDHA.L.
Best Diversifiers for SDHA.L
2 ETFs have low correlation with SDHA.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 0.24, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.24 | 0.28 | 0.31 | 70 | Technology Equities, S&P 500 | SDHA.L vs IITU.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.25 | 0.13 | 0.17 | 97 | Corporate Bonds | SDHA.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.32 | 0.24 | 0.21 | 98 | Corporate Bonds | SDHA.L vs ERNA.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.39 | 0.40 | 0.53 | 68 | Technology Equities, S&P 500 | SDHA.L vs IUIT.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.41 | 0.45 | 0.50 | 78 | Emerging Markets Equities | SDHA.L vs EIMI.L |
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