Looking to diversify beyond ITEC.L? The ETFs below have the lowest correlation with ITEC.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 ITEC.L.
Best Diversifiers for ITEC.L
1 ETFs have low correlation with ITEC.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) (Large Cap Blend Equities) with a 1Y correlation of 0.05, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.05 | 0.16 | 0.27 | 55 | Large Cap Blend Equities, Dividend | ITEC.L vs USDV.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.41 | 0.46 | 0.52 | 78 | Small Cap Value Equities | ITEC.L vs USSC.L | |
| iShares Edge MSCI Europe Value Factor UCITS ETF EU... | 0.54 | 0.56 | 0.61 | 86 | Europe Equities | ITEC.L vs IEVL.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.58 | 0.52 | 0.54 | 88 | Technology Equities | ITEC.L vs VPNG.L | |
| State Street SPDR S&P 500 UCITS ETF (Dist) | 0.59 | 0.62 | 0.65 | 71 | S&P 500 | ITEC.L vs SPY5.L |
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