Looking to diversify beyond SPED.L? The ETFs below have the lowest correlation with SPED.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 SPED.L.
Best Diversifiers for SPED.L
1 ETFs have low correlation with SPED.L (below 0.3), 0 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 0.07, down from 0.32 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) | 0.07 | 0.31 | 0.32 | 60 | Energy Equities, S&P 500 | SPED.L vs IUES.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.35 | 0.38 | 0.42 | 70 | Technology Equities, S&P 500 | SPED.L vs IITU.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.40 | 0.42 | 0.43 | 73 | Nasdaq-100 | SPED.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.41 | 0.43 | 0.46 | 73 | Technology Equities | SPED.L vs XLKQ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.42 | 0.45 | 0.48 | 68 | Technology Equities, S&P 500 | SPED.L vs IUIT.L |
See all 40 diversifiers for SPED.L
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Diversification Analysis
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