Looking to diversify beyond NATP.L? The ETFs below have the lowest correlation with NATP.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 NATP.L.
Best Diversifiers for NATP.L
5 ETFs have low correlation with NATP.L (below 0.3), 0 of which are negatively correlated. The least correlated is HANetf Alerian Midstream Energy Dividend UCITS ETF (PMLP.L) (Energy Equities) with a 1Y correlation of 0.02, down from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf Alerian Midstream Energy Dividend UCITS ETF | 0.02 | 0.22 | — | 68 | Energy Equities | NATP.L vs PMLP.L | |
| SPDR MSCI Europe Value UCITS ETF | 0.25 | 0.27 | — | 82 | Europe Equities | NATP.L vs EVAL.L | |
| iShares Edge MSCI USA Value Factor UCITS | 0.25 | 0.41 | — | 97 | Large Cap Value Equities | NATP.L vs IUVF.L | |
| iShares MSCI Japan GBP Hedged UCITS ETF | 0.27 | 0.35 | — | 92 | Japan Equities, Asia Pacific Equities | NATP.L vs IJPH.L | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.29 | 0.32 | — | 74 | Emerging Markets Equities | NATP.L vs EMIM.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from NATP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NATP.L and solid risk/return profiles. The least correlated is HICL Infrastructure Company Ltd (HICL.L) (Financial Services) with a 1Y correlation of 0.09, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| HICL Infrastructure Company Ltd | 0.09 | 0.10 | — | 76 | Financial Services | |
| The City of London Investment Trust plc | 0.29 | 0.32 | — | 85 | Financial Services |
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