Looking to diversify beyond VDEM.L? The ETFs below have the lowest correlation with VDEM.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 VDEM.L.
Best Diversifiers for VDEM.L
1 ETFs have low correlation with VDEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.18, down from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.18 | 0.41 | 0.41 | 91 | Global Equities, Dividend | VDEM.L vs TDGB.L | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.33 | 0.25 | 0.25 | 52 | Emerging Markets Bonds | VDEM.L vs JPEE.L | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.51 | 0.47 | 0.50 | 61 | High Yield Bonds | VDEM.L vs IHYA.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.55 | 0.61 | 0.62 | 56 | Europe Equities | VDEM.L vs VUKG.L | |
| Vanguard FTSE All-World High Dividend Yield UCITS ... | 0.57 | 0.64 | 0.65 | 86 | Global Equities | VDEM.L vs VHYG.L |
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