Looking to diversify beyond SPLT.L? The ETFs below have the lowest correlation with SPLT.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 SPLT.L.
Best Diversifiers for SPLT.L
14 ETFs have low correlation with SPLT.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 -0.05, down from 0.14 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) | -0.05 | 0.07 | 0.14 | 60 | Energy Equities, S&P 500 | SPLT.L vs IUES.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.15 | 0.09 | 0.10 | 70 | Technology Equities, S&P 500 | SPLT.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.16 | 0.10 | 0.11 | 68 | Technology Equities, S&P 500 | SPLT.L vs IUIT.L | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.17 | 0.12 | 0.14 | 73 | S&P 500 | SPLT.L vs CSPX.L | |
| Invesco S&P 500 UCITS ETF | 0.17 | 0.13 | 0.14 | 83 | S&P 500 | SPLT.L vs SPXP.L |
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