Looking to diversify beyond SUOE.L? The ETFs below have the lowest correlation with SUOE.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 SUOE.L.
Best Diversifiers for SUOE.L
2 ETFs have low correlation with SUOE.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares € High Yield Corp Bond UCITS ETF USD Hedged (Acc) (HYGU.L) (European High Yield Bonds) with a 1Y correlation of 0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € High Yield Corp Bond UCITS ETF USD Hedge... | 0.05 | 0.15 | 0.19 | 64 | European High Yield Bonds, High Yield Bonds, European Corporate Bonds | SUOE.L vs HYGU.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.16 | 0.16 | 0.21 | 58 | European Corporate Bonds | SUOE.L vs IRCP.L | |
| iShares NASDAQ 100 UCITS ETF | 0.31 | 0.23 | 0.24 | 51 | Nasdaq-100 | SUOE.L vs CNDX.L | |
| iShares Core S&P 500 UCITS ETF | 0.31 | 0.25 | 0.23 | 69 | S&P 500 | SUOE.L vs CSP1.L | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.39 | 0.30 | 0.27 | 75 | Global Equities | SUOE.L vs SWDA.L |
See all 10 diversifiers for SUOE.L
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