Looking to diversify beyond APEX.L? The ETFs below have the lowest correlation with APEX.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 APEX.L.
Best Diversifiers for APEX.L
1 ETFs have low correlation with APEX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.30, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.30 | 0.34 | 0.38 | 99 | Money Market | APEX.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.33 | 0.44 | 0.45 | 65 | Europe Equities | APEX.L vs 100D.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.44 | 0.50 | 0.50 | 73 | Financials Equities | APEX.L vs BNKE.L | |
| iShares Asia Pacific Dividend UCITS | 0.46 | 0.60 | 0.57 | 91 | Asia Pacific Equities | APEX.L vs IAPD.L | |
| L&G Quality Equity Dividends ESG Exclusions Asia P... | 0.52 | 0.65 | 0.67 | 68 | Asia Pacific Equities | APEX.L vs LDAG.L |
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