Looking to diversify beyond SEMH.L? The ETFs below have the lowest correlation with SEMH.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 SEMH.L.
Best Diversifiers for SEMH.L
16 ETFs have low correlation with SEMH.L (below 0.3), 2 of which are negatively correlated. The least correlated is UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF hGBP dis (UBXX.L) (Emerging Markets Bonds) with a 1Y correlation of -0.17, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | -0.17 | -0.08 | -0.05 | 88 | Emerging Markets Bonds | SEMH.L vs UBXX.L | |
| L&G China CNY Bond UCITS ETF | -0.00 | 0.06 | 0.10 | 85 | Emerging Markets Bonds | SEMH.L vs DRGN.L | |
| SPDR MSCI ACWI IMI | 0.02 | 0.04 | 0.09 | 75 | Global Equities | SEMH.L vs IMID.L | |
| SPDR MSCI All Country World UCITS ETF | 0.05 | 0.04 | 0.07 | 73 | Global Equities | SEMH.L vs ACWD.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.06 | 0.06 | -0.00 | 75 | Small Cap Value Equities | SEMH.L vs USSC.L |
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