Looking to diversify beyond 3BP.L? The ETFs below have the lowest correlation with 3BP.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 3BP.L.
Best Diversifiers for 3BP.L
24 ETFs have low correlation with 3BP.L (below 0.3), 24 of which are negatively correlated. The least correlated is Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) (Leveraged Equities) with a 1Y correlation of -0.22, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Long US Tech 100 ETP Securities | -0.22 | -0.01 | 0.02 | 53 | Leveraged Equities | 3BP.L vs 3QQQ.L | |
| Leverage Shares 5x Long Nasdaq 100 ETP Securities | -0.21 | 0.02 | — | 63 | Nasdaq-100, Leveraged Equities | 3BP.L vs 5QQQ.L | |
| Leverage Shares 5x Long Nasdaq 100 ETP Securities | -0.21 | 0.01 | 0.05 | 67 | Nasdaq-100, Leveraged Equities | 3BP.L vs QQQ5.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | -0.20 | 0.01 | 0.05 | 72 | Nasdaq-100, Leveraged Equities | 3BP.L vs LQQ3.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | -0.20 | -0.04 | -0.04 | 71 | Nasdaq-100, Derivative Income | 3BP.L vs QQQY.L |
See all 25 diversifiers for 3BP.L
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Diversification Analysis
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