Looking to diversify beyond SDIP.L? The ETFs below have the lowest correlation with SDIP.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 SDIP.L.
Best Diversifiers for SDIP.L
10 ETFs have low correlation with SDIP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP (QYLP.L) (Nasdaq-100) with a 1Y correlation of 0.20, roughly unchanged from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.20 | 0.27 | — | 73 | Nasdaq-100, Options Trading | SDIP.L vs QYLP.L | |
| Global X Silver Miners UCITS ETF USD Accumulating | 0.21 | 0.28 | — | 55 | Silver, Commodity Producers Equities, Precious Metals | SDIP.L vs SILG.L | |
| Global X Artificial Intelligence UCITS ETF USD Acc... | 0.23 | — | — | 86 | Technology Equities | SDIP.L vs AIQG.L | |
| Global X Solar UCITS ETF USD Accumulating | 0.24 | 0.39 | — | 84 | Energy Equities | SDIP.L vs RAYG.L | |
| Global X Copper Miners UCITS ETF USD Acc | 0.25 | 0.48 | — | 83 | Commodity Producers Equities | SDIP.L vs COPG.L |
See all 35 diversifiers for SDIP.L
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