Looking to diversify beyond SP5L.L? The ETFs below have the lowest correlation with SP5L.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 SP5L.L.
Best Diversifiers for SP5L.L
2 ETFs have low correlation with SP5L.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.08, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.08 | 0.17 | 0.28 | 60 | Energy Equities, S&P 500 | SP5L.L vs IUES.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.01 | -0.03 | -0.03 | 99 | Money Market | SP5L.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.43 | 0.31 | 0.36 | 55 | Financials Equities | SP5L.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.44 | 0.44 | 0.49 | 55 | Europe Equities | SP5L.L vs 100D.L | |
| Amundi ETF MSCI Europe Banks UCITS ETF | 0.44 | 0.35 | 0.35 | 60 | Financials Equities | SP5L.L vs CB5.L |
See all 57 diversifiers for SP5L.L
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Diversification Analysis
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