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
1 ETFs have low correlation with LSPX.L (below 0.3), 1 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 -0.02, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.02 | -0.03 | -0.03 | 99 | Money Market | LSPX.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.41 | 0.43 | 0.49 | 65 | Europe Equities | LSPX.L vs 100D.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.44 | 0.31 | 0.36 | 73 | Financials Equities | LSPX.L vs BNKE.L | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP He... | 0.50 | 0.56 | — | 62 | S&P 500, Equal Weight | LSPX.L vs XEWG.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.56 | 0.74 | 0.75 | 90 | S&P 500, Large Cap Value Equities | LSPX.L vs PQVG.L |
See all 59 diversifiers for LSPX.L
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