Looking to diversify beyond ESPB.L? The ETFs below have the lowest correlation with ESPB.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 ESPB.L.
Best Diversifiers for ESPB.L
0 ETFs have low correlation with ESPB.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.L) (Large Cap Blend Equities) with a 1Y correlation of 0.34, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.34 | 0.30 | — | 94 | Large Cap Blend Equities | ESPB.L vs XZMD.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.48 | — | — | 85 | Global Equities | ESPB.L vs FWRG.L | |
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.53 | 0.40 | — | 93 | Large Cap Blend Equities | ESPB.L vs FEXD.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.61 | 0.43 | — | 72 | Large Cap Blend Equities, Dividend | ESPB.L vs DGRP.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.61 | 0.42 | — | 72 | Large Cap Blend Equities, Dividend | ESPB.L vs DGRG.L |
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