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
3 ETFs have low correlation with SP5L.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.00, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.00 | -0.01 | -0.02 | 99 | Money Market | SP5L.L vs CSH2.L | |
| Amundi USD Fed Funds Rate UCITS ETF Acc | 0.04 | 0.04 | 0.05 | 99 | Money Market | SP5L.L vs FEDF.L | |
| Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U... | 0.10 | 0.02 | -0.02 | 99 | Government Bonds, Ultrashort Bond | SP5L.L vs PR1T.L | |
| Amundi MSCI Switzerland UCITS ETF CHF | 0.32 | 0.34 | 0.44 | 52 | Europe Equities | SP5L.L vs CSWG.L | |
| Lyxor Fortune SG UCITS MSCI China A DR | 0.33 | 0.17 | 0.19 | 86 | China Equities | SP5L.L vs CNAA.L |
See all 92 diversifiers for SP5L.L
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Diversification Analysis
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