Looking to diversify beyond SSLN.L? The ETFs below have the lowest correlation with SSLN.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 SSLN.L.
Best Diversifiers for SSLN.L
20 ETFs have low correlation with SSLN.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.07, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.07 | -0.05 | -0.03 | 99 | Money Market | SSLN.L vs CSH2.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.14 | 0.15 | 0.15 | 95 | Global Equities, Dividend | SSLN.L vs TDGB.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.15 | 0.06 | 0.03 | 61 | Large Cap Blend Equities, Dividend | SSLN.L vs DGRG.L | |
| iShares Healthcare Innovation UCITS ETF USD (Acc) | 0.18 | 0.12 | 0.13 | 51 | Health & Biotech Equities | SSLN.L vs DRDR.L | |
| iShares MSCI World Quality Dividend ESG UCITS ETF ... | 0.22 | 0.15 | 0.12 | 91 | Global Equities, Dividend | SSLN.L vs WQDS.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SSLN.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SSLN.L and solid risk/return profiles. The least correlated is Games Workshop Group plc (GAW.L) (Consumer Cyclical) with a 1Y correlation of 0.06, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Games Workshop Group plc | 0.06 | 0.06 | 0.04 | 78 | Consumer Cyclical | |
| Rolls-Royce Holdings PLC | 0.26 | 0.12 | 0.08 | 78 | Industrials | |
| Samsung Electronics Co. Ltd | 0.30 | 0.24 | 0.26 | 98 | Technology | |
| National Atomic Co Kazatomprom JSC ADR | 0.34 | 0.21 | 0.21 | 78 | Energy | |
| Greatland Gold plc | 0.56 | 0.29 | 0.23 | 76 | Basic Materials |
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