Looking to diversify beyond ITPS.L? The ETFs below have the lowest correlation with ITPS.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 ITPS.L.
Best Diversifiers for ITPS.L
29 ETFs have low correlation with ITPS.L (below 0.3), 10 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.09 | -0.03 | -0.01 | 98 | Ultrashort Bond | ITPS.L vs ERNS.L | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | -0.07 | -0.04 | -0.04 | 87 | Emerging Markets Equities | ITPS.L vs EMIM.L | |
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | -0.06 | 0.01 | -0.02 | 60 | Momentum, Global Equities | ITPS.L vs IWMO.L | |
| Vanguard FTSE Emerging Markets UCITS ETF Acc | -0.05 | -0.03 | -0.02 | 66 | Emerging Markets Equities | ITPS.L vs VFEG.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.03 | 0.08 | — | 97 | Short-Term Bond | ITPS.L vs TIGB.L |
See all 33 diversifiers for ITPS.L
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Diversification Analysis
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