Looking to diversify beyond LSPU.L? The ETFs below have the lowest correlation with LSPU.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 LSPU.L.
Best Diversifiers for LSPU.L
1 ETFs have low correlation with LSPU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.24, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.24 | 0.20 | 0.28 | 99 | Money Market | LSPU.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.46 | 0.34 | 0.38 | 77 | Financials Equities | LSPU.L vs BNKE.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.51 | 0.68 | 0.71 | 64 | S&P 500, Large Cap Value Equities | LSPU.L vs PQVG.L | |
| Amundi FTSE 100 UCITS ETF | 0.52 | 0.51 | 0.59 | 66 | Europe Equities | LSPU.L vs 100D.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.60 | 0.67 | 0.75 | 64 | S&P 500 | LSPU.L vs BYBG.L |
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