Looking to diversify beyond VPNG.L? The ETFs below have the lowest correlation with VPNG.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 VPNG.L.
Best Diversifiers for VPNG.L
4 ETFs have low correlation with VPNG.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 -0.09, down from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.09 | 0.07 | — | 54 | Energy Equities | VPNG.L vs ESIE.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.01 | 0.03 | — | 99 | Ultrashort Bond | VPNG.L vs ERNS.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.21 | 0.25 | 0.28 | 77 | Financials Equities | VPNG.L vs BNKE.L | |
| Global X SuperDividend UCITS ETF USD Distributing | 0.23 | 0.40 | — | 64 | Dividend | VPNG.L vs SDIP.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.34 | 0.36 | — | 84 | Nasdaq-100, Options Trading | VPNG.L vs QYLP.L |
See all 25 diversifiers for VPNG.L
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