Looking to diversify beyond 3MSF.L? The ETFs below have the lowest correlation with 3MSF.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 3MSF.L.
Best Diversifiers for 3MSF.L
15 ETFs have low correlation with 3MSF.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 -0.09, roughly unchanged 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 | -0.09 | -0.02 | -0.01 | 58 | Leveraged Equities | 3MSF.L vs 3BP.L | |
| Leverage Shares 3x Long Oil & Gas ETP Securities G... | -0.09 | -0.04 | 0.02 | 51 | Leveraged Equities | 3MSF.L vs 3XLE.L | |
| Leverage Shares 3x Apple ETC EUR | 0.10 | 0.33 | 0.46 | 65 | Leveraged Equities | 3MSF.L vs 3APE.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.12 | 0.35 | 0.50 | 59 | Leveraged Equities | 3MSF.L vs 3AAP.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.14 | — | — | 97 | Leveraged Equities, Semiconductors | 3MSF.L vs SOXL.L |
See all 25 diversifiers for 3MSF.L
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