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Octopus Renewables Infra Trust (ORIT.L) Diversifiers

Equity · Currency in GBp · Last updated Jul 21, 2026

Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW. The company was incorporated in 2019 and is based in London, the United Kingdom.

Looking to balance out your exposure to ORIT.L? The ETFs below have the lowest correlation with ORIT.L — they tend to move on their own, which can help reduce risk when ORIT.L drops. The stock ideas table highlights individual companies that behave independently from ORIT.L.

Best Diversifiers for ORIT.L

3 ETFs have low correlation with ORIT.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI World Small Cap UCITS ETF (WLDS.L) (Small Cap Blend Equities) with a 1Y correlation of 0.02, down from 0.19 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
WLDS.L
iShares MSCI World Small Cap UCITS ETF0.020.160.19
79
Small Cap Blend EquitiesORIT.L vs WLDS.L
SWDA.L
iShares Core MSCI World UCITS ETF USD (Acc)0.040.110.17
81
Global EquitiesORIT.L vs SWDA.L
HUKX.L
HSBC FTSE 100 UCITS ETF GBP0.040.150.19
69
Europe EquitiesORIT.L vs HUKX.L

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from ORIT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ORIT.L and solid risk/return profiles. The least correlated is Aberforth Smaller Companies Trust plc (ASL.L) (Financial Services) with a 1Y correlation of 0.04, down from 0.24 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
ASL.L
Aberforth Smaller Companies Trust plc0.040.190.24
69
Financial Services
NG.L
National Grid plc0.040.080.09
73
Utilities
BBOX.L
Tritax Big Box REIT plc0.060.120.18
71
Real Estate
LGEN.L
Legal & General Group plc0.060.140.17
77
Financial Services
LMP.L
LondonMetric Property plc0.070.140.18
55
Real Estate
See all 8 low-correlation stocks for ORIT.L

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Diversification Analysis

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