Looking to diversify beyond SMEA.L? The ETFs below have the lowest correlation with SMEA.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 SMEA.L.
Best Diversifiers for SMEA.L
5 ETFs have low correlation with SMEA.L (below 0.3), 5 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.24, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.24 | -0.04 | 0.03 | 64 | Commodities | SMEA.L vs BCOG.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | -0.12 | -0.09 | -0.13 | 99 | Government Bonds, Ultrashort Bond | SMEA.L vs VDST.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.11 | -0.08 | -0.13 | 100 | Government Bonds, Ultrashort Bond | SMEA.L vs IB01.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | -0.11 | -0.06 | -0.11 | 97 | Corporate Bonds | SMEA.L vs FLOA.L | |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | -0.07 | -0.06 | -0.14 | 88 | Government Bonds, Short-Term Bond | SMEA.L vs IBTA.L |
See all 53 diversifiers for SMEA.L
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Diversification Analysis
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