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
1 ETFs have low correlation with SPES.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 0.16, down from 0.43 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) | 0.16 | 0.40 | 0.43 | 57 | Energy Equities, S&P 500 | SPES.L vs IUES.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.30 | 0.37 | 0.50 | 71 | Technology Equities, S&P 500 | SPES.L vs IUIT.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.31 | 0.38 | 0.50 | 73 | Technology Equities, S&P 500 | SPES.L vs IITU.L | |
| Invesco European Banks Sector UCITS ETF | 0.33 | 0.37 | 0.42 | 52 | Financials Equities | SPES.L vs X7PP.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.37 | 0.43 | 0.56 | 75 | Technology Equities | SPES.L vs XLKQ.L |
See all 58 diversifiers for SPES.L
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