Looking to diversify beyond ENGY.L? The ETFs below have the lowest correlation with ENGY.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 ENGY.L.
Best Diversifiers for ENGY.L
24 ETFs have low correlation with ENGY.L (below 0.3), 16 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 UCITS ETF (SPY5.L) (S&P 500) with a 1Y correlation of -0.10, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 UCITS ETF | -0.10 | 0.14 | 0.21 | 74 | S&P 500 | ENGY.L vs SPY5.L | |
| SPDR S&P 500 UCITS ETF USD Acc | -0.09 | — | — | 73 | S&P 500 | ENGY.L vs SPYL.L | |
| SPDR MSCI All Country World UCITS ETF | -0.09 | 0.20 | 0.33 | 72 | Global Equities | ENGY.L vs ACWD.L | |
| SPDR MSCI ACWI IMI | -0.09 | 0.18 | 0.27 | 74 | Global Equities | ENGY.L vs IMID.L | |
| iShares MSCI Korea UCITS ETF (Acc) | -0.08 | 0.09 | 0.15 | 97 | Asia Pacific Equities | ENGY.L vs CSKR.L |
See all 38 diversifiers for ENGY.L
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