Looking to diversify beyond SPXD.L? The ETFs below have the lowest correlation with SPXD.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 SPXD.L.
Best Diversifiers for SPXD.L
1 ETFs have low correlation with SPXD.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 -0.10, down from 0.31 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) | -0.10 | 0.19 | 0.31 | 60 | Energy Equities, S&P 500 | SPXD.L vs IUES.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.53 | 0.68 | 0.72 | 78 | S&P 500, Large Cap Value Equities | SPXD.L vs PQVG.L | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP He... | 0.54 | 0.59 | — | 56 | S&P 500 | SPXD.L vs XEWG.L | |
| Invesco European Banks Sector UCITS ETF | 0.56 | 0.51 | 0.53 | 56 | Financials Equities | SPXD.L vs X7PP.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.58 | 0.66 | 0.75 | 71 | S&P 500 | SPXD.L vs BYBG.L |
See all 62 diversifiers for SPXD.L
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