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 0.25, 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) | 0.25 | 0.48 | 0.54 | 68 | Utilities Equities, Global Equities | PSRW.L vs INFR.L | |
| Scottish Mortgage Investment Trust plc | 0.50 | 0.56 | 0.55 | 70 | Global Equities | PSRW.L vs SMT.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.51 | 0.68 | 0.76 | 94 | Global Equities, Dividend | PSRW.L vs TDGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.54 | 0.49 | 0.56 | 54 | Technology Equities, S&P 500 | PSRW.L vs IITU.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.55 | 0.50 | 0.57 | 56 | Technology Equities | PSRW.L vs XLKQ.L |
See all 42 diversifiers for PSRW.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PSRW.L
Add PSRW.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSRW.L