Looking to diversify beyond CHIP.L? The ETFs below have the lowest correlation with CHIP.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 CHIP.L.
Best Diversifiers for CHIP.L
0 ETFs have low correlation with CHIP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.L) (S&P 500) with a 1Y correlation of 0.38, up from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.38 | 0.24 | 0.27 | 73 | S&P 500 | CHIP.L vs VUSA.L | |
| Invesco S&P China A MidCap 500 Swap UCITS ETF Acc | 0.75 | 0.78 | 0.78 | 84 | China Equities, Asia Pacific Equities | CHIP.L vs CM5S.L | |
| Xtrackers CSI 300 Swap UCITS ETF 1C | 0.85 | 0.85 | 0.86 | 76 | China Equities, Asia Pacific Equities | CHIP.L vs XCHA.L | |
| Invesco S&P China A 300 Swap UCITS ETF Acc | 0.85 | 0.87 | 0.87 | 81 | China Equities, Asia Pacific Equities | CHIP.L vs C300.L | |
| Xtrackers MSCI China A ESG Screened Swap UCITS ETF... | 0.85 | 0.87 | — | 78 | China Equities, Asia Pacific Equities | CHIP.L vs XCNA.L |
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