Looking to balance out your exposure to SHELL.AS? The ETFs below have the lowest correlation with SHELL.AS — they tend to move on their own, which can help reduce risk when SHELL.AS drops. The stock ideas table highlights individual companies that behave independently from SHELL.AS.
Best Diversifiers for SHELL.AS
2 ETFs have low correlation with SHELL.AS (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard FTSE All-World UCITS ETF (USD) Distributing (VWRL.AS) (Global Equities) with a 1Y correlation of -0.02, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE All-World UCITS ETF (USD) Distributi... | -0.02 | 0.22 | 0.28 | 75 | Global Equities | SHELL.AS vs VWRL.AS | |
| iShares Core S&P 500 UCITS ETF | 0.00 | 0.17 | 0.23 | 68 | S&P 500 | SHELL.AS vs CSPX.AS |
Diversification Analysis
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