Looking to diversify beyond SMH.L? The ETFs below have the lowest correlation with SMH.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 SMH.L.
Best Diversifiers for SMH.L
5 ETFs have low correlation with SMH.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P Global Dividend Aristocrats UCITS (GBDV.L) (Global Equities) with a 1Y correlation of 0.08, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P Global Dividend Aristocrats UCITS | 0.08 | 0.18 | 0.29 | 70 | Global Equities, Dividend | SMH.L vs GBDV.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.12 | 0.26 | 0.38 | 94 | Global Equities, Dividend | SMH.L vs TDGB.L | |
| Lyxor Global Gender Equality DR UCITS | 0.20 | 0.35 | 0.48 | 67 | Global Equities | SMH.L vs GEND.L | |
| UBS ETF (IE) Global Gender Equality UCITS ETF (USD... | 0.23 | 0.34 | 0.50 | 64 | Global Equities | SMH.L vs GENE.L | |
| iShares Ageing Population UCITS ETF | 0.26 | 0.39 | 0.49 | 84 | Global Equities | SMH.L vs AGES.L |
See all 143 diversifiers for SMH.L
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