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
4 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 -0.19, down from -0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.19 | -0.08 | -0.05 | 64 | Commodities | UKDV.L vs BCOG.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.10 | 0.10 | 0.12 | 98 | Ultrashort Bond | UKDV.L vs ERNS.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.24 | 0.15 | 0.15 | 99 | Europe Equities | UKDV.L vs JRDZ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.25 | 0.29 | 0.37 | 70 | Technology Equities, S&P 500 | UKDV.L vs IITU.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.33 | 0.39 | 0.42 | 61 | Europe Equities | UKDV.L vs SPOL.L |
See all 38 diversifiers for UKDV.L
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Diversification Analysis
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