Looking to diversify beyond 500P.L? The ETFs below have the lowest correlation with 500P.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 500P.L.
Best Diversifiers for 500P.L
1 ETFs have low correlation with 500P.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.12, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.12 | 0.15 | 0.21 | 60 | Energy Equities, S&P 500 | 500P.L vs IUES.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.37 | 0.39 | 0.45 | 56 | Europe Equities | 500P.L vs VUKG.L | |
| L&G Clean Energy UCITS ETF | 0.49 | 0.46 | 0.52 | 94 | Energy Equities | 500P.L vs RENG.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.56 | 0.70 | 0.68 | 73 | S&P 500, Large Cap Value Equities | 500P.L vs PQVM.L | |
| iShares S&P 500 Industrials Sector UCITS ETF USD (... | 0.56 | 0.66 | 0.70 | 53 | Industrials Equities, S&P 500 | 500P.L vs IISU.L |
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