Looking to diversify beyond LSPX.L? The ETFs below have the lowest correlation with LSPX.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 LSPX.L.
Best Diversifiers for LSPX.L
2 ETFs have low correlation with LSPX.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.04, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.04 | 0.24 | 0.29 | 60 | Energy Equities, S&P 500 | LSPX.L vs IUES.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.03 | -0.02 | -0.01 | 99 | Money Market | LSPX.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.43 | 0.30 | 0.35 | 55 | Financials Equities | LSPX.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.45 | 0.43 | 0.49 | 55 | Europe Equities | LSPX.L vs 100D.L | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP He... | 0.51 | 0.55 | — | 56 | S&P 500 | LSPX.L vs XEWG.L |
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