Looking to diversify beyond SPAP.L? The ETFs below have the lowest correlation with SPAP.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 SPAP.L.
Best Diversifiers for SPAP.L
13 ETFs have low correlation with SPAP.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.07 | -0.08 | -0.10 | 100 | Government Bonds, Ultrashort Bond | SPAP.L vs IB01.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.14 | 0.14 | 0.16 | 73 | Technology Equities | SPAP.L vs XLKQ.L | |
| Invesco S&P 500 UCITS ETF | 0.16 | 0.17 | 0.19 | 83 | S&P 500 | SPAP.L vs SPXP.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.16 | — | — | 86 | Global Equities | SPAP.L vs FWRG.L | |
| Invesco European Banks Sector UCITS ETF | 0.17 | 0.19 | 0.16 | 56 | Financials Equities | SPAP.L vs X7PP.L |
See all 20 diversifiers for SPAP.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements SPAP.L
Add SPAP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SPAP.L