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
1 ETFs have low correlation with VEUA.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.02, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.02 | -0.03 | -0.02 | 99 | Money Market | VEUA.L vs CSH2.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.41 | 0.40 | 0.49 | 58 | Technology Equities, S&P 500 | VEUA.L vs IITU.L | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.42 | 0.40 | 0.46 | 76 | Nasdaq-100 | VEUA.L vs CNX1.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.46 | 0.44 | 0.55 | 50 | Technology Equities, S&P 500 | VEUA.L vs IUIT.L | |
| Lyxor UCITS Nasdaq-100 D-EUR | 0.47 | 0.46 | 0.53 | 75 | Nasdaq-100 | VEUA.L vs NASL.L |
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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 0.10, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesco PLC | 0.10 | 0.17 | 0.26 | 65 | Consumer Defensive |
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