Looking to diversify beyond 3NIE.L? The ETFs below have the lowest correlation with 3NIE.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 3NIE.L.
Best Diversifiers for 3NIE.L
19 ETFs have low correlation with 3NIE.L (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Alphabet (GOOG) Options ETP GBP | -0.01 | — | — | 58 | Derivative Income | 3NIE.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.01 | — | — | 81 | Derivative Income | 3NIE.L vs GOOI.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.01 | 0.09 | — | 95 | Leveraged Equities | 3NIE.L vs 3GOE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.03 | 0.09 | — | 95 | Leveraged Equities | 3NIE.L vs 3GOO.L | |
| Leverage Shares 2x Advanced Micro Devices ETC GBP | 0.08 | 0.18 | — | 96 | Leveraged Equities | 3NIE.L vs 2AMD.L |
See all 19 diversifiers for 3NIE.L
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