Looking to diversify beyond 2FB.L? The ETFs below have the lowest correlation with 2FB.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 2FB.L.
Best Diversifiers for 2FB.L
10 ETFs have low correlation with 2FB.L (below 0.3), 2 of which are negatively correlated. The least correlated is Leverage Shares 3x BP ETP GBX (3BP.L) (Leveraged Equities) with a 1Y correlation of -0.15, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.15 | -0.00 | 0.01 | 61 | Leveraged Equities | 2FB.L vs 3BP.L | |
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.12 | -0.01 | 0.04 | 56 | Leveraged Equities | 2FB.L vs 3XLE.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.11 | 0.25 | 0.38 | 57 | Leveraged Equities | 2FB.L vs 3AAP.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 0.23 | 0.29 | 0.37 | 99 | Leveraged Equities | 2FB.L vs 2MU.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.27 | 0.44 | 0.53 | 95 | Leveraged Equities | 2FB.L vs 3GOE.L |
See all 20 diversifiers for 2FB.L
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