Looking to diversify beyond SPOL.L? The ETFs below have the lowest correlation with SPOL.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 SPOL.L.
Best Diversifiers for SPOL.L
1 ETFs have low correlation with SPOL.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) (Europe Equities) with a 1Y correlation of 0.29, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.29 | 0.18 | 0.18 | 99 | Europe Equities | SPOL.L vs JRDZ.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.31 | 0.29 | 0.34 | 70 | Technology Equities, S&P 500 | SPOL.L vs IITU.L | |
| Franklin European Quality Dividend UCITS ETF | 0.33 | 0.38 | 0.45 | 80 | Europe Equities | SPOL.L vs FLXD.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.34 | 0.31 | 0.35 | 68 | Technology Equities, S&P 500 | SPOL.L vs IUIT.L | |
| iShares Core S&P 500 UCITS ETF | 0.34 | 0.33 | 0.36 | 82 | S&P 500 | SPOL.L vs CSP1.L |
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