Looking to diversify beyond V3NM.L? The ETFs below have the lowest correlation with V3NM.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 V3NM.L.
Best Diversifiers for V3NM.L
0 ETFs have low correlation with V3NM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE 100 UCITS ETF (GBP) Accumulating (VUKG.L) (Europe Equities) with a 1Y correlation of 0.38, roughly unchanged from 0.41 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.38 | 0.42 | — | 72 | Europe Equities | V3NM.L vs VUKG.L | |
| Fidelity Sustainable USD EM Bond UCITS ETF Inc | 0.44 | 0.36 | — | 54 | Emerging Markets Bonds, ESG | V3NM.L vs FSEM.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.47 | 0.56 | — | 92 | Dividend, Global Equities | V3NM.L vs VHYG.L | |
| Vanguard ESG Developed Asia Pacific All Cap UCITS ... | 0.57 | 0.58 | — | 90 | Asia Pacific Equities, ESG | V3NM.L vs V3PB.L | |
| VanEck Semiconductor UCITS ETF | 0.66 | 0.73 | — | 97 | Semiconductors, Technology Equities, ESG, Global Equities | V3NM.L vs SMH.L |
See all 21 diversifiers for V3NM.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements V3NM.L
Add V3NM.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with V3NM.L