Looking to diversify beyond UKDV.L? The ETFs below have the lowest correlation with UKDV.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 UKDV.L.
Best Diversifiers for UKDV.L
2 ETFs have low correlation with UKDV.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.21, down from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.21 | -0.12 | -0.07 | 54 | Commodities | UKDV.L vs BCOG.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.09 | 0.11 | 0.13 | 99 | Ultrashort Bond | UKDV.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.33 | 0.49 | 0.47 | 95 | Global Equities, Dividend | UKDV.L vs TDGB.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.37 | 0.39 | 0.42 | 58 | Europe Equities | UKDV.L vs SPOL.L | |
| Xtrackers MSCI USA UCITS ETF 1C | 0.38 | 0.41 | 0.48 | 68 | Large Cap Blend Equities | UKDV.L vs XDUS.L |
See all 45 diversifiers for UKDV.L
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Diversification Analysis
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