Looking to diversify beyond SPEP.L? The ETFs below have the lowest correlation with SPEP.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 SPEP.L.
Best Diversifiers for SPEP.L
1 ETFs have low correlation with SPEP.L (below 0.3), 1 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 -0.01, down from 0.29 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) | -0.01 | 0.24 | 0.29 | 60 | Energy Equities, S&P 500 | SPEP.L vs IUES.L | |
| Invesco European Banks Sector UCITS ETF | 0.43 | 0.32 | 0.37 | 56 | Financials Equities | SPEP.L vs X7PP.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.57 | 0.71 | 0.72 | 78 | S&P 500, Large Cap Value Equities | SPEP.L vs PQVG.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.57 | 0.45 | 0.46 | 65 | S&P 500 | SPEP.L vs BYBU.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.58 | 0.70 | 0.70 | 73 | S&P 500, Large Cap Value Equities | SPEP.L vs PQVM.L |
See all 46 diversifiers for SPEP.L
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