Looking to diversify beyond SUBD.AX? The ETFs below have the lowest correlation with SUBD.AX — 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 SUBD.AX.
Best Diversifiers for SUBD.AX
4 ETFs have low correlation with SUBD.AX (below 0.3), 2 of which are negatively correlated. The least correlated is VanEck FTSE Global Infrastructure (AUD Hedged) ETF (IFRA.AX) (Global Equities) with a 1Y correlation of -0.10, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck FTSE Global Infrastructure (AUD Hedged) ETF | -0.10 | -0.04 | -0.04 | 58 | Global Equities | SUBD.AX vs IFRA.AX | |
| VanEck MSCI International Quality (AUD Hedged) ETF | -0.04 | -0.01 | -0.02 | 55 | Global Equities | SUBD.AX vs QHAL.AX | |
| VanEck Australian Floating Rate ETF | 0.02 | 0.11 | 0.12 | 92 | Corporate Bonds | SUBD.AX vs FLOT.AX | |
| VanEck MSCI Multifactor Emerging Markets Equity ET... | 0.09 | 0.06 | 0.02 | 55 | Emerging Markets Equities | SUBD.AX vs EMKT.AX |
Diversification Analysis
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