Looking to diversify beyond 3BAB.L? The ETFs below have the lowest correlation with 3BAB.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 3BAB.L.
Best Diversifiers for 3BAB.L
7 ETFs have low correlation with 3BAB.L (below 0.3), 1 of which are negatively correlated. The least correlated is Leverage Shares 3x BP ETP GBX (3BP.L) (Leveraged Equities) with a 1Y correlation of -0.07, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.07 | 0.14 | 0.12 | 61 | Leveraged Equities | 3BAB.L vs 3BP.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.19 | 0.21 | 0.22 | 96 | Leveraged Equities | 3BAB.L vs 3GOO.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.19 | — | — | 71 | Nasdaq-100, Derivative Income | 3BAB.L vs QQQY.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.20 | 0.17 | 0.22 | 57 | Leveraged Equities | 3BAB.L vs 3AAP.L | |
| Leverage Shares 3x Apple ETC EUR | 0.20 | 0.18 | 0.21 | 63 | Leveraged Equities | 3BAB.L vs 3APE.L |
See all 19 diversifiers for 3BAB.L
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