Looking to diversify beyond PRIE.L? The ETFs below have the lowest correlation with PRIE.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 PRIE.L.
Best Diversifiers for PRIE.L
1 ETFs have low correlation with PRIE.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.02, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.02 | -0.03 | -0.02 | 99 | Money Market | PRIE.L vs CSH2.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.48 | 0.45 | 0.53 | 76 | Nasdaq-100 | PRIE.L vs EQQQ.L | |
| iShares Core S&P 500 UCITS ETF | 0.51 | 0.47 | 0.55 | 83 | S&P 500 | PRIE.L vs CSP1.L | |
| HSBC MSCI Emerging Markets UCITS ETF USD | 0.56 | 0.57 | 0.57 | 87 | Emerging Markets Equities | PRIE.L vs HMEF.L | |
| Amundi Nasdaq-100 UCITS USD | 0.57 | 0.53 | 0.60 | 67 | Nasdaq-100 | PRIE.L vs ANXU.L |
See all 107 diversifiers for PRIE.L
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