Looking to diversify beyond PQVM.L? The ETFs below have the lowest correlation with PQVM.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 PQVM.L.
Best Diversifiers for PQVM.L
1 ETFs have low correlation with PQVM.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of 0.01, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.01 | 0.32 | 0.51 | 60 | Energy Equities, S&P 500 | PQVM.L vs IUES.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.38 | 0.55 | 0.57 | 73 | Technology Equities | PQVM.L vs XLKQ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.55 | 0.57 | 70 | Technology Equities, S&P 500 | PQVM.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.39 | 0.57 | 0.60 | 68 | Technology Equities, S&P 500 | PQVM.L vs IUIT.L | |
| Xtrackers S&P 500 UCITS ETF 2C - GBP Hedged | 0.43 | 0.59 | 0.61 | 73 | S&P 500 | PQVM.L vs XDPG.L |
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