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 0.33, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | 0.33 | 0.23 | 0.26 | 80 | S&P 500 | CHIP.L vs VUSA.L | |
| Invesco S&P China A MidCap 500 Swap UCITS ETF Acc | 0.81 | 0.81 | — | 91 | China Equities | CHIP.L vs CM5S.L | |
| Invesco S&P China A MidCap 500 Swap UCITS ETF Acc | 0.83 | 0.51 | — | 89 | China Equities | CHIP.L vs C500.L | |
| Xtrackers Harvest FTSE China A-H 50 UCITS ETF 1D | 0.84 | 0.88 | 0.87 | 65 | China Equities | CHIP.L vs AH50.L | |
| Invesco S&P China A 300 Swap UCITS ETF Acc | 0.85 | 0.86 | — | 90 | China Equities | CHIP.L vs C300.L |
See all 15 diversifiers for CHIP.L
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