Looking to diversify beyond PR1T.L? The ETFs below have the lowest correlation with PR1T.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 PR1T.L.
Best Diversifiers for PR1T.L
22 ETFs have low correlation with PR1T.L (below 0.3), 5 of which are negatively correlated. The least correlated is Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc (BNKE.L) (Financials Equities) with a 1Y correlation of -0.10, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.10 | -0.12 | -0.15 | 55 | Financials Equities | PR1T.L vs BNKE.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.09 | -0.08 | -0.06 | 98 | Ultrashort Bond | PR1T.L vs ERNS.L | |
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | -0.08 | -0.06 | -0.05 | 98 | Ultrashort Bond | PR1T.L vs JGST.L | |
| JPM GBP Ultra-Short Income Active ETF GBP Acc | -0.07 | -0.02 | -0.04 | 98 | Ultrashort Bond | PR1T.L vs JGSA.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.01 | 0.07 | 0.13 | 97 | Government Bonds, Ultrashort Bond | PR1T.L vs USFR.L |
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