Looking to diversify beyond UDVD.L? The ETFs below have the lowest correlation with UDVD.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 UDVD.L.
Best Diversifiers for UDVD.L
28 ETFs have low correlation with UDVD.L (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR S&P US Technology Select Sector UCITS ETF (GXLK.L) (Technology Equities) with a 1Y correlation of -0.02, down from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Technology Select Sector UCITS ETF | -0.02 | 0.14 | — | 74 | Technology Equities | UDVD.L vs GXLK.L | |
| SPDR MSCI World Technology UCITS ETF | 0.01 | 0.13 | 0.27 | 73 | Technology Equities | UDVD.L vs TECW.L | |
| SPDR Refinitiv Global Convertible Bond GBP Hedged ... | 0.03 | 0.21 | — | 92 | Convertible Bonds | UDVD.L vs GCVG.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | 0.03 | 0.00 | 0.02 | 99 | Government Bonds, Ultrashort Bond | UDVD.L vs IBTU.L | |
| SPDR MSCI Europe Energy UCITS ETF | 0.06 | 0.18 | — | 77 | Energy Equities | UDVD.L vs ENGE.L |
See all 98 diversifiers for UDVD.L
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