Looking to diversify beyond SGLS.L? The ETFs below have the lowest correlation with SGLS.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 SGLS.L.
Best Diversifiers for SGLS.L
76 ETFs have low correlation with SGLS.L (below 0.3), 5 of which are negatively correlated. The least correlated is Invesco US Energy Sector UCITS ETF (XLEP.L) (Energy Equities) with a 1Y correlation of -0.14, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US Energy Sector UCITS ETF | -0.14 | -0.06 | -0.01 | 57 | Energy Equities | SGLS.L vs XLEP.L | |
| Invesco Energy S&P US Select Sector UCITS ETF Acc | -0.12 | -0.06 | 0.00 | 62 | Energy Equities | SGLS.L vs XLES.L | |
| Invesco FTSE All-World UCITS ETF Acc | -0.08 | — | — | 86 | Global Equities | SGLS.L vs FWRG.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.06 | -0.01 | 0.00 | 99 | Money Market | SGLS.L vs CSH2.L | |
| Invesco S&P 500 QVM UCITS ETF | -0.01 | -0.07 | -0.08 | 78 | S&P 500, Large Cap Value Equities | SGLS.L vs PQVG.L |
See all 102 diversifiers for SGLS.L
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