Looking to diversify beyond SPX4.L? The ETFs below have the lowest correlation with SPX4.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 SPX4.L.
Best Diversifiers for SPX4.L
0 ETFs have low correlation with SPX4.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G UK Equity UCITS ETF (LGUK.L) (Europe Equities) with a 1Y correlation of 0.31, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G UK Equity UCITS ETF | 0.31 | 0.40 | 0.44 | 54 | Europe Equities | SPX4.L vs LGUK.L | |
| iShares MSCI EMU Mid Cap UCITS ETF EUR (Acc) | 0.34 | 0.24 | — | 70 | Europe Equities, Foreign Small & Mid Cap Equities, Mid Cap Blend Equities | SPX4.L vs EMUM.L | |
| iShares MSCI Japan Small Cap UCITS ETF USD (Dist) | 0.39 | 0.41 | 0.38 | 55 | Japan Equities, Mid Cap Blend Equities | SPX4.L vs IDJP.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.41 | 0.61 | 0.63 | 55 | Large Cap Blend Equities, Dividend | SPX4.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.44 | 0.61 | 0.60 | 54 | Large Cap Blend Equities, Dividend | SPX4.L vs UDVD.L |
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