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Allianz Technology Trust plc (ATT.L) Diversifiers

Equity · Currency in GBp · Last updated Jun 4, 2026

Allianz Technology Trust plc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors GmbH. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating in the technology, media, and telecoms sector. The fund invests in stocks of mid-cap and large-cap companies. It employs a fundamental analysis with a bottom-up stock picking approach to create its portfolios. The fund seeks to benchmarks the performance of its portfolio against the Dow Jones World Technology Index (Sterling adjusted, total return basis). It was formerly known as RCM Technology Trust plc. Allianz Technology Trust plc was formed in December 1995 and is domiciled in the United Kingdom.

Looking to balance out your exposure to ATT.L? The ETFs below have the lowest correlation with ATT.L — they tend to move on their own, which can help reduce risk when ATT.L drops. The stock ideas table highlights individual companies that behave independently from ATT.L.

Best Diversifiers for ATT.L

1 ETFs have low correlation with ATT.L (below 0.3), 0 of which are negatively correlated. The least correlated is PowerShares EURO STOXX High Dividend Low Volatility UCITS (EUHD.L) (Europe Equities) with a 1Y correlation of 0.19, down from 0.32 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
EUHD.L
PowerShares EURO STOXX High Dividend Low Volatilit...0.190.230.32
63
Europe EquitiesATT.L vs EUHD.L
SMT.L
Scottish Mortgage Investment Trust plc0.680.670.69
83
Global EquitiesATT.L vs SMT.L
RBTX.L
iShares Automation & Robotics UCITS ETF0.740.770.78
68
Robotics, Technology EquitiesATT.L vs RBTX.L
EQQQ.L
Invesco EQQQ NASDAQ-100 UCITS ETF0.810.810.80
78
Nasdaq-100ATT.L vs EQQQ.L
IITU.L
iShares S&P 500 Information Technology Sector UCIT...0.820.800.79
73
Technology Equities, S&P 500ATT.L vs IITU.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ATT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ATT.L and solid risk/return profiles. The least correlated is Herald Investment Trust (HRI.L) (Financial Services) with a 1Y correlation of 0.66, roughly unchanged from 0.61 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
HRI.L
Herald Investment Trust0.660.640.61
91
Financial Services
JAM.L
JPMorgan American Investment Trust0.660.720.70
84
Financial Services
JGGI.L
JP Morgan Global Growth & Income plc0.670.720.66
76
Financial Services

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Diversification Analysis

Build a portfolio that complements ATT.L

Add ATT.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with ATT.L