Looking to diversify beyond PRIT.L? The ETFs below have the lowest correlation with PRIT.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 PRIT.L.
Best Diversifiers for PRIT.L
12 ETFs have low correlation with PRIT.L (below 0.3), 2 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 -0.19, up from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | -0.19 | -0.23 | -0.30 | 50 | Financials Equities | PRIT.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | -0.01 | -0.04 | -0.19 | 53 | Europe Equities | PRIT.L vs 100D.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.00 | -0.03 | -0.10 | 74 | S&P 500 | PRIT.L vs 500U.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.00 | -0.03 | -0.01 | 78 | Government Bonds | PRIT.L vs TFRN.L | |
| Amundi Nasdaq-100 UCITS USD | 0.01 | -0.03 | -0.08 | 76 | Nasdaq-100 | PRIT.L vs ANXU.L |
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