Looking to diversify beyond METI.L? The ETFs below have the lowest correlation with METI.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 METI.L.
Best Diversifiers for METI.L
4 ETFs have low correlation with METI.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| IncomeShares Nasdaq 100 Options (0DTE) ETP | 0.25 | — | — | 59 | Nasdaq-100, Derivative Income | METI.L vs QQQY.L | |
| Leverage Shares 4x Long Semiconductors ETP Securit... | 0.25 | — | — | 96 | Leveraged Equities, Semiconductors | METI.L vs SOXL.L | |
| IncomeShares Alphabet (GOOG) Options ETP | 0.26 | — | — | 77 | Derivative Income | METI.L vs GOOI.L | |
| Leverage Shares 3x Long Semiconductors ETP Securit... | 0.29 | — | — | 95 | Leveraged Equities, Semiconductors | METI.L vs SMH3.L | |
| IncomeShares Alphabet (GOOG) Options ETP GBP | 0.35 | — | — | 55 | Derivative Income | METI.L vs GOOO.L |
See all 7 diversifiers for METI.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements METI.L
Add METI.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with METI.L