Looking to diversify beyond VDET.L? The ETFs below have the lowest correlation with VDET.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 VDET.L.
Best Diversifiers for VDET.L
2 ETFs have low correlation with VDET.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF hGBP dis (UBXX.L) (Emerging Markets Bonds) with a 1Y correlation of 0.17, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.17 | 0.33 | 0.32 | 89 | Emerging Markets Bonds | VDET.L vs UBXX.L | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.26 | 0.37 | 0.43 | 57 | Emerging Markets Bonds | VDET.L vs SEMC.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.33 | 0.39 | 0.38 | 63 | Emerging Markets Bonds | VDET.L vs JMBP.L | |
| L&G China CNY Bond UCITS ETF | 0.44 | 0.30 | 0.35 | 89 | Emerging Markets Bonds | VDET.L vs DRGN.L | |
| PIMCO Emerging Markets Advantage Local Bond Index ... | 0.44 | 0.41 | 0.41 | 68 | Emerging Markets Bonds | VDET.L vs EMLP.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements VDET.L
Add VDET.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with VDET.L