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 Fidelity Sustainable USD EM Bond UCITS ETF Inc (FSEM.L) (Emerging Markets Bonds) with a 1Y correlation of 0.38, roughly unchanged from 0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Sustainable USD EM Bond UCITS ETF Inc | 0.38 | 0.37 | — | 67 | Emerging Markets Bonds, ESG | V3NM.L vs FSEM.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.38 | 0.42 | 0.43 | 56 | Europe Equities | V3NM.L vs VUKG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.51 | 0.58 | 0.62 | 86 | Global Equities | V3NM.L vs VHYG.L | |
| Vanguard ESG Developed Asia Pacific All Cap UCITS ... | 0.56 | 0.58 | — | 87 | Asia Pacific Equities, ESG | V3NM.L vs V3PB.L | |
| iShares MSCI USA SRI UCITS ETF USD (Acc) | 0.80 | 0.83 | 0.85 | 59 | ESG | V3NM.L vs SUAS.L |
See all 17 diversifiers for V3NM.L
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