Looking to diversify beyond SBIO.L? The ETFs below have the lowest correlation with SBIO.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 SBIO.L.
Best Diversifiers for SBIO.L
1 ETFs have low correlation with SBIO.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 0.25, down from 0.41 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 ... | 0.25 | 0.30 | 0.41 | 73 | Technology Equities | SBIO.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.33 | 0.37 | 0.45 | 78 | Nasdaq-100 | SBIO.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.36 | 0.41 | 0.51 | 75 | Nasdaq-100 | SBIO.L vs EQQU.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.37 | 0.44 | 0.52 | 73 | Nasdaq-100 | SBIO.L vs EQGB.L | |
| Vanguard S&P 500 UCITS ETF | 0.42 | 0.47 | 0.53 | 82 | S&P 500 | SBIO.L vs VUSA.L |
See all 14 diversifiers for SBIO.L
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