Looking to diversify beyond ITEP.L? The ETFs below have the lowest correlation with ITEP.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 ITEP.L.
Best Diversifiers for ITEP.L
0 ETFs have low correlation with ITEP.L (below 0.3), 0 of which are negatively correlated. The least correlated is KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) (Technology Equities) with a 1Y correlation of 0.47, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares Electric Vehicles & Future Mobility ES... | 0.47 | 0.52 | 0.58 | 90 | Technology Equities | ITEP.L vs KARP.L | |
| HANetf Digital Infrastructure and Connectivity UCI... | 0.56 | 0.57 | 0.57 | 56 | Technology Equities | ITEP.L vs PIGI.L | |
| iShares MSCI Europe Information Technology Sector ... | 0.61 | 0.62 | 0.67 | 81 | Technology Equities | ITEP.L vs ESIT.L | |
| VanEck Semiconductor UCITS ETF | 0.63 | 0.64 | 0.69 | 97 | Semiconductors, Technology Equities | ITEP.L vs SMGB.L | |
| SPDR® MSCI Europe Technology UCITS ETF | 0.63 | 0.63 | 0.68 | 72 | Technology Equities | ITEP.L vs ITEC.L |
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