Looking to diversify beyond SPES.L? The ETFs below have the lowest correlation with SPES.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 SPES.L.
Best Diversifiers for SPES.L
0 ETFs have low correlation with SPES.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco European Banks Sector UCITS ETF (X7PP.L) (Financials Equities) with a 1Y correlation of 0.31, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco European Banks Sector UCITS ETF | 0.31 | 0.34 | 0.42 | 80 | Financials Equities | SPES.L vs X7PP.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.40 | 0.44 | 0.53 | 58 | Nasdaq-100 | SPES.L vs EQGB.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.47 | 0.54 | 0.63 | 60 | Nasdaq-100 | SPES.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.48 | 0.54 | 0.61 | 61 | Nasdaq-100 | SPES.L vs EQQU.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.53 | 0.59 | 0.66 | 73 | S&P 500 | SPES.L vs 5ESG.L |
See all 51 diversifiers for SPES.L
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