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
31 ETFs have low correlation with SSLN.L (below 0.3), 2 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.08, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.08 | -0.06 | -0.03 | 99 | Money Market | SSLN.L vs CSH2.L | |
| Invesco US Energy Sector UCITS ETF | -0.08 | 0.06 | 0.10 | 53 | Energy Equities | SSLN.L vs XLEP.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.10 | 0.04 | 0.02 | 72 | Large Cap Blend Equities, Dividend | SSLN.L vs DGRG.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.12 | 0.15 | 0.15 | 87 | Global Equities, Dividend | SSLN.L vs TDGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.15 | 0.10 | 0.08 | 73 | Technology Equities, S&P 500 | SSLN.L vs IITU.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 0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Games Workshop Group plc | 0.04 | 0.06 | 0.04 | 72 | Consumer Cyclical | |
| Rolls-Royce Holdings PLC | 0.20 | 0.12 | 0.08 | 74 | Industrials | |
| Samsung Electronics Co. Ltd | 0.28 | 0.23 | 0.25 | 99 | Technology | |
| National Atomic Co Kazatomprom JSC ADR | 0.31 | 0.20 | 0.21 | 86 | Energy | |
| Atalaya Mining Ltd | 0.43 | 0.31 | 0.23 | 84 | Basic Materials |
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