Looking to diversify beyond S600.L? The ETFs below have the lowest correlation with S600.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 S600.L.
Best Diversifiers for S600.L
2 ETFs have low correlation with S600.L (below 0.3), 2 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of -0.33, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | -0.33 | -0.08 | 0.03 | 71 | Commodities | S600.L vs UC15.L | |
| SPDR MSCI Europe Energy UCITS ETF | -0.10 | 0.24 | 0.28 | 78 | Energy Equities | S600.L vs ENGE.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.40 | 0.41 | 0.50 | 73 | Technology Equities | S600.L vs XLKQ.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.40 | — | — | 99 | Europe Equities | S600.L vs JRDZ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.49 | 0.46 | 0.54 | 78 | Nasdaq-100 | S600.L vs EQQQ.L |
See all 28 diversifiers for S600.L
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