Looking to diversify beyond 3TSL.L? The ETFs below have the lowest correlation with 3TSL.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 3TSL.L.
Best Diversifiers for 3TSL.L
5 ETFs have low correlation with 3TSL.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 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.07 | 0.07 | 0.09 | 58 | Leveraged Equities | 3TSL.L vs 3BP.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.21 | 0.31 | 0.40 | 59 | Leveraged Equities | 3TSL.L vs 3AAP.L | |
| Leverage Shares 2x Alphabet ETC A GBP | 0.23 | 0.31 | 0.36 | 94 | Leveraged Equities | 3TSL.L vs 2GOO.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.23 | 0.31 | 0.36 | 94 | Leveraged Equities | 3TSL.L vs 3GOE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.25 | 0.32 | 0.35 | 95 | Leveraged Equities | 3TSL.L vs 3GOO.L |
See all 22 diversifiers for 3TSL.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements 3TSL.L
Add 3TSL.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 3TSL.L