Looking to diversify beyond PRIP.L? The ETFs below have the lowest correlation with PRIP.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 PRIP.L.
Best Diversifiers for PRIP.L
6 ETFs have low correlation with PRIP.L (below 0.3), 0 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 0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.01 | 0.02 | 0.01 | 99 | Money Market | PRIP.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.03 | -0.07 | -0.16 | 73 | Financials Equities | PRIP.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.15 | 0.13 | -0.03 | 65 | Europe Equities | PRIP.L vs 100D.L | |
| Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 0.17 | 0.12 | 0.01 | 55 | Europe Equities | PRIP.L vs MEUD.L | |
| Amundi Nasdaq-100 UCITS USD | 0.24 | 0.17 | 0.09 | 67 | Nasdaq-100 | PRIP.L vs ANXU.L |
See all 15 diversifiers for PRIP.L
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