Looking to balance out your exposure to AAS.L? The ETFs below have the lowest correlation with AAS.L — they tend to move on their own, which can help reduce risk when AAS.L drops. The stock ideas table highlights individual companies that behave independently from AAS.L.
Best Diversifiers for AAS.L
0 ETFs have low correlation with AAS.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI All Country World UCITS ETF (ACWD.L) (Global Equities) with a 1Y correlation of 0.47, up from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI All Country World UCITS ETF | 0.47 | 0.39 | 0.32 | 73 | Global Equities | AAS.L vs ACWD.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAS.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAS.L and solid risk/return profiles. The least correlated is BH Macro Limited (BHMG.L) (Financial Services) with a 1Y correlation of 0.02, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BH Macro Limited | 0.02 | 0.05 | 0.01 | 63 | Financial Services | |
| Murray International Trust | 0.38 | 0.33 | 0.28 | 93 | Financial Services | |
| F&C Investment Trust plc | 0.38 | 0.34 | 0.29 | 90 | Financial Services |
Build a portfolio that complements AAS.L
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