Looking to diversify beyond 3PLT.L? The ETFs below have the lowest correlation with 3PLT.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 3PLT.L.
Best Diversifiers for 3PLT.L
12 ETFs have low correlation with 3PLT.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 0.09, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x Apple ETC EUR | 0.09 | 0.23 | 0.30 | 63 | Leveraged Equities | 3PLT.L vs 3APE.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 0.15 | 0.25 | 0.30 | 99 | Leveraged Equities | 3PLT.L vs 2MU.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.22 | — | — | 96 | Leveraged Equities, Semiconductors | 3PLT.L vs SOXL.L | |
| IncomeShares Alphabet (GOOG) Options ETP GBP | 0.24 | — | — | 58 | Derivative Income | 3PLT.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.25 | 0.30 | 0.30 | 81 | Derivative Income | 3PLT.L vs GOOI.L |
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