Looking to diversify beyond ESPJ.L? The ETFs below have the lowest correlation with ESPJ.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 ESPJ.L.
Best Diversifiers for ESPJ.L
0 ETFs have low correlation with ESPJ.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) (Asia Pacific Equities) with a 1Y correlation of 0.41, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Korea UCITS ETF - Acc | 0.41 | 0.52 | 0.58 | 97 | Asia Pacific Equities | ESPJ.L vs KRWL.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.42 | 0.44 | 0.48 | 78 | Nasdaq-100 | ESPJ.L vs EQQQ.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.45 | 0.44 | 0.52 | 73 | Technology Equities | ESPJ.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.49 | 0.52 | 0.53 | 73 | Nasdaq-100 | ESPJ.L vs EQGB.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.51 | — | — | 86 | Global Equities | ESPJ.L vs FWRG.L |
See all 17 diversifiers for ESPJ.L
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