Looking to diversify beyond AMZD.L? The ETFs below have the lowest correlation with AMZD.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 AMZD.L.
Best Diversifiers for AMZD.L
0 ETFs have low correlation with AMZD.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Alphabet (GOOG) Options ETP GBP | 0.36 | — | — | 89 | Derivative Income | AMZD.L vs GOOO.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.38 | — | — | 84 | Derivative Income | AMZD.L vs GOOI.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.41 | — | — | 97 | Leveraged Equities, Semiconductors | AMZD.L vs SOXL.L | |
| Leverage Shares 3x Long Semiconductors ETP Securit... | 0.41 | — | — | 96 | Leveraged Equities, Semiconductors | AMZD.L vs SMH3.L | |
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.42 | — | — | 71 | Nasdaq-100, Derivative Income | AMZD.L vs QQQY.L |
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