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
1 ETFs have low correlation with PSRW.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L) (Utilities Equities) with a 1Y correlation of 0.29, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.29 | 0.49 | 0.54 | 59 | Utilities Equities, Global Equities | PSRW.L vs INFR.L | |
| Scottish Mortgage Investment Trust plc | 0.49 | 0.56 | 0.56 | 66 | Global Equities | PSRW.L vs SMT.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.53 | 0.49 | 0.57 | 62 | Technology Equities | PSRW.L vs XLKQ.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.53 | 0.58 | 0.61 | 91 | Lithium & Battery Metals, Alternative Energy Equities, Global Equities | PSRW.L vs CHRG.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.53 | 0.48 | 0.56 | 59 | Technology Equities, S&P 500 | PSRW.L vs IITU.L |
See all 37 diversifiers for PSRW.L
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