Looking to diversify beyond VMIG.L? The ETFs below have the lowest correlation with VMIG.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 VMIG.L.
Best Diversifiers for VMIG.L
2 ETFs have low correlation with VMIG.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of -0.24, down from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.24 | 0.11 | — | 59 | Energy Equities | VMIG.L vs WENS.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.03 | 0.02 | 0.02 | 99 | Money Market | VMIG.L vs CSH2.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.31 | — | — | 99 | Europe Equities | VMIG.L vs JRDZ.L | |
| Franklin European Quality Dividend UCITS ETF | 0.38 | 0.45 | 0.53 | 80 | Europe Equities | VMIG.L vs FLXD.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.39 | 0.39 | 0.46 | 70 | Technology Equities, S&P 500 | VMIG.L vs IITU.L |
See all 43 diversifiers for VMIG.L
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Diversification Analysis
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