Looking to diversify beyond PSRE.L? The ETFs below have the lowest correlation with PSRE.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 PSRE.L.
Best Diversifiers for PSRE.L
1 ETFs have low correlation with PSRE.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.29 | 0.29 | 0.37 | 73 | Technology Equities | PSRE.L vs XLKQ.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.31 | 0.24 | 0.24 | 99 | Europe Equities | PSRE.L vs JRDZ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.34 | 0.33 | 0.40 | 78 | Nasdaq-100 | PSRE.L vs EQQQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.39 | 0.40 | 0.45 | 73 | Nasdaq-100 | PSRE.L vs EQGB.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.43 | 0.40 | 0.40 | 86 | Global Equities | PSRE.L vs FWRG.L |
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