Looking to diversify beyond BRIP.L? The ETFs below have the lowest correlation with BRIP.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 BRIP.L.
Best Diversifiers for BRIP.L
1 ETFs have low correlation with BRIP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) (Nasdaq-100) with a 1Y correlation of 0.15, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.15 | 0.16 | 0.16 | 71 | Nasdaq-100, Options Trading | BRIP.L vs QYLP.L | |
| VanEck Space Innovators UCITS ETF | 0.37 | 0.35 | 0.35 | 95 | Industrials Equities | BRIP.L vs JEDG.L | |
| Global X Silver Miners UCITS ETF USD Accumulating | 0.37 | — | — | 54 | Silver, Commodity Producers Equities, Precious Metals | BRIP.L vs SILG.L | |
| Global X Autonomous & Electric Vehicles UCITS ETF ... | 0.42 | — | — | 94 | Technology Equities | BRIP.L vs DRVG.L | |
| Invesco US Industrials Sector UCITS ETF | 0.50 | — | — | 52 | Industrials Equities | BRIP.L vs XLIP.L |
See all 6 diversifiers for BRIP.L
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