Looking to diversify beyond S100.L? The ETFs below have the lowest correlation with S100.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 S100.L.
Best Diversifiers for S100.L
4 ETFs have low correlation with S100.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 0.23, down from 0.33 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 ... | 0.23 | 0.26 | 0.33 | 73 | Technology Equities | S100.L vs XLKQ.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.24 | 0.27 | 0.34 | 70 | Technology Equities | S100.L vs XLKS.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.29 | 0.33 | 0.37 | 75 | Nasdaq-100 | S100.L vs EQQU.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.30 | 0.31 | 0.37 | 78 | Nasdaq-100 | S100.L vs EQQQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.35 | 0.36 | 0.42 | 73 | Nasdaq-100 | S100.L vs EQGB.L |
See all 32 diversifiers for S100.L
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