Looking to diversify beyond PSRW.L? The ETFs below have the lowest correlation with PSRW.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 PSRW.L.
Best Diversifiers for PSRW.L
0 ETFs have low correlation with PSRW.L (below 0.3), 0 of which are negatively correlated. The least correlated is Scottish Mortgage Investment Trust plc (SMT.L) (Global Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Scottish Mortgage Investment Trust plc | 0.50 | 0.58 | 0.56 | 84 | Global Equities | PSRW.L vs SMT.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.50 | 0.49 | 0.56 | 78 | Technology Equities | PSRW.L vs XLKQ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.50 | 0.49 | 0.56 | 76 | Technology Equities, S&P 500 | PSRW.L vs IITU.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.54 | 0.59 | 0.62 | 67 | Alternative Energy Equities, Global Equities | PSRW.L vs CHRG.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.58 | 0.55 | 0.57 | 76 | Nasdaq-100 | PSRW.L vs EQGB.L |
See all 35 diversifiers for PSRW.L
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