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Looking to diversify beyond VEUA.L? The ETFs below have the lowest correlation with VEUA.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 VEUA.L.

Best Diversifiers for VEUA.L

2 ETFs have low correlation with VEUA.L (below 0.3), 2 of which are negatively correlated. The least correlated is Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.L) (Energy Equities) with a 1Y correlation of -0.10, down from 0.33 over 5 years.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from VEUA.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VEUA.L and solid risk/return profiles. The least correlated is Tesco PLC (TSCO.L) (Consumer Defensive) with a 1Y correlation of 0.11, down from 0.27 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Tesco PLC0.110.190.27
66
Consumer Defensive

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