Looking to diversify beyond PSRF.L? The ETFs below have the lowest correlation with PSRF.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 PSRF.L.
Best Diversifiers for PSRF.L
0 ETFs have low correlation with PSRF.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco European Banks Sector UCITS ETF (X7PP.L) (Financials Equities) with a 1Y correlation of 0.35, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco European Banks Sector UCITS ETF | 0.35 | 0.38 | 0.44 | 52 | Financials Equities | PSRF.L vs X7PP.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.38 | 0.43 | 0.43 | 81 | Emerging Markets Equities | PSRF.L vs SEDY.L | |
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.38 | 0.39 | 0.40 | 97 | Asia Pacific Equities | PSRF.L vs HTWN.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.43 | 0.44 | 0.50 | 73 | Nasdaq-100 | PSRF.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.45 | 0.47 | 0.55 | 75 | Technology Equities | PSRF.L vs XLKQ.L |
See all 33 diversifiers for PSRF.L
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