Looking to diversify beyond 3ARE.L? The ETFs below have the lowest correlation with 3ARE.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 3ARE.L.
Best Diversifiers for 3ARE.L
2 ETFs have low correlation with 3ARE.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 0.22, roughly unchanged from 0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Apple ETC EUR | 0.22 | 0.32 | — | 63 | Leveraged Equities | 3ARE.L vs 3APE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.27 | 0.37 | — | 95 | Leveraged Equities | 3ARE.L vs 3GOO.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.30 | 0.37 | — | 95 | Leveraged Equities | 3ARE.L vs 3GOE.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 0.38 | 0.40 | — | 99 | Leveraged Equities | 3ARE.L vs 2MU.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.46 | — | — | 61 | Nasdaq-100, Derivative Income | 3ARE.L vs QQQY.L |
See all 16 diversifiers for 3ARE.L
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