Looking to diversify beyond VDPG.L? The ETFs below have the lowest correlation with VDPG.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 VDPG.L.
Best Diversifiers for VDPG.L
3 ETFs have low correlation with VDPG.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) (Energy Equities) with a 1Y correlation of -0.07, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.07 | 0.24 | 0.30 | 78 | Energy Equities | VDPG.L vs ESIE.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.04 | 0.22 | — | 59 | Energy Equities | VDPG.L vs WENS.L | |
| L&G Longer Dated All Commodities UCITS ETF | 0.02 | 0.13 | 0.19 | 69 | Commodities | VDPG.L vs CMFP.L | |
| WisdomTree Physical Silver | 0.35 | 0.30 | 0.27 | 56 | Silver, Precious Metals | VDPG.L vs PHSP.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.37 | 0.55 | 0.57 | 56 | Europe Equities | VDPG.L vs VUKG.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VDPG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VDPG.L and solid risk/return profiles. The least correlated is ITM Power (ITM.L) (Industrials) with a 1Y correlation of 0.22, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ITM Power | 0.22 | 0.27 | 0.30 | 83 | Industrials |
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