Looking to diversify beyond VHVE.L? The ETFs below have the lowest correlation with VHVE.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 VHVE.L.
Best Diversifiers for VHVE.L
5 ETFs have low correlation with VHVE.L (below 0.3), 1 of which are negatively correlated. The least correlated is State Street SPDR MSCI World Energy UCITS ETF USD (Acc) (WNRG.L) (Global Equities) with a 1Y correlation of -0.13, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI World Energy UCITS ETF USD ... | -0.13 | 0.19 | 0.35 | 66 | Global Equities, Energy Equities | VHVE.L vs WNRG.L | |
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.03 | 0.06 | 0.12 | 97 | Corporate Bonds | VHVE.L vs FLOA.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.04 | 0.25 | 0.38 | 70 | Utilities Equities, Global Equities | VHVE.L vs INFR.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | 0.05 | 0.01 | 0.01 | 99 | Government Bonds, Ultrashort Bond | VHVE.L vs VDST.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.18 | 0.35 | 0.51 | 76 | Mid Cap Value Equities, Global Equities | VHVE.L vs IDIN.L |
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