Looking to diversify beyond PRIZ.L? The ETFs below have the lowest correlation with PRIZ.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 PRIZ.L.
Best Diversifiers for PRIZ.L
1 ETFs have low correlation with PRIZ.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 | PRIZ.L vs CSH2.L | |
| Franklin European Quality Dividend UCITS ETF | 0.48 | 0.54 | 0.64 | 86 | Europe Equities | PRIZ.L vs FLXD.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.58 | 0.74 | 0.80 | 86 | Europe Equities | PRIZ.L vs LCPE.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.61 | 0.59 | 0.60 | 57 | Europe Equities | PRIZ.L vs SPOL.L | |
| Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 0.62 | 0.68 | 0.73 | 58 | Europe Equities | PRIZ.L vs LCUK.L |
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