Looking to diversify beyond MCHS.L? The ETFs below have the lowest correlation with MCHS.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 MCHS.L.
Best Diversifiers for MCHS.L
1 ETFs have low correlation with MCHS.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 0.30, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.30 | 0.21 | 0.26 | 73 | Technology Equities | MCHS.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.32 | 0.25 | 0.29 | 73 | Nasdaq-100 | MCHS.L vs EQGB.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.33 | 0.24 | 0.30 | 78 | Nasdaq-100 | MCHS.L vs EQQQ.L | |
| Invesco S&P 500 UCITS ETF | 0.33 | 0.23 | 0.28 | 83 | S&P 500 | MCHS.L vs SPXP.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.36 | 0.28 | 0.28 | 86 | Global Equities | MCHS.L vs FWRG.L |
See all 20 diversifiers for MCHS.L
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