Looking to diversify beyond KARP.L? The ETFs below have the lowest correlation with KARP.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 KARP.L.
Best Diversifiers for KARP.L
0 ETFs have low correlation with KARP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.32, roughly unchanged from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.32 | 0.28 | — | 62 | Technology Equities | KARP.L vs XLKQ.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.32 | 0.29 | — | 59 | Technology Equities | KARP.L vs XSTC.L | |
| SPDR S&P US Technology Select Sector UCITS ETF | 0.33 | 0.31 | — | 69 | Technology Equities | KARP.L vs GXLK.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.33 | 0.28 | — | 59 | Technology Equities, S&P 500 | KARP.L vs IITU.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.33 | 0.30 | — | 56 | Technology Equities | KARP.L vs XLKS.L |
See all 29 diversifiers for KARP.L
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