Looking to diversify beyond 3AMD.L? The ETFs below have the lowest correlation with 3AMD.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 3AMD.L.
Best Diversifiers for 3AMD.L
4 ETFs have low correlation with 3AMD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 3x Apple ETC EUR (3APE.L) (Leveraged Equities) with a 1Y correlation of 0.18, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Apple ETC EUR | 0.18 | 0.28 | 0.38 | 63 | Leveraged Equities | 3AMD.L vs 3APE.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.22 | 0.34 | 0.42 | 95 | Leveraged Equities | 3AMD.L vs 3GOE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.23 | 0.35 | 0.43 | 95 | Leveraged Equities | 3AMD.L vs 3GOO.L | |
| WisdomTree EURO STOXX Banks 3x Daily Leveraged | 0.26 | 0.26 | 0.29 | 77 | Leveraged Equities | 3AMD.L vs 3BAL.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.44 | 0.42 | 0.42 | 59 | Nasdaq-100, Derivative Income | 3AMD.L vs QQQY.L |
See all 18 diversifiers for 3AMD.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements 3AMD.L
Add 3AMD.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 3AMD.L