Looking to diversify beyond ESPS.L? The ETFs below have the lowest correlation with ESPS.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 ESPS.L.
Best Diversifiers for ESPS.L
0 ETFs have low correlation with ESPS.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 0.33, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Korea UCITS ETF - Acc | 0.33 | 0.35 | 0.28 | 97 | Asia Pacific Equities | ESPS.L vs KRWL.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.39 | 0.30 | 0.21 | 75 | Technology Equities | ESPS.L vs XLKQ.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.40 | 0.42 | 0.32 | 95 | Asia Pacific Equities | ESPS.L vs FRQX.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.44 | 0.38 | — | 97 | Asia Pacific Equities | ESPS.L vs FRXT.L | |
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.44 | 0.38 | 0.27 | 97 | Asia Pacific Equities | ESPS.L vs HTWN.L |
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