Looking to diversify beyond EWSP.L? The ETFs below have the lowest correlation with EWSP.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 EWSP.L.
Best Diversifiers for EWSP.L
5 ETFs have low correlation with EWSP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Ultrashort Bond UCITS ETF USD (Acc) (ERNA.L) (Corporate Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.11 | 0.05 | — | 98 | Corporate Bonds | EWSP.L vs ERNA.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.15 | 0.40 | — | 60 | Energy Equities, S&P 500 | EWSP.L vs IUES.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.21 | 0.23 | 0.20 | 100 | Government Bonds, Ultrashort Bond | EWSP.L vs IB01.L | |
| iShares GBP Corporate Bond 0-5yr UCITS ETF | 0.23 | 0.21 | — | 54 | European Corporate Bonds | EWSP.L vs IS15.L | |
| JPM BetaBuilders US Treasury Bond 0-3 Months UCITS... | 0.24 | 0.23 | — | 98 | Ultrashort Bond | EWSP.L vs BB3M.L |
See all 60 diversifiers for EWSP.L
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