Looking to diversify beyond SX5S.L? The ETFs below have the lowest correlation with SX5S.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 SX5S.L.
Best Diversifiers for SX5S.L
0 ETFs have low correlation with SX5S.L (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.L) (Europe Equities) with a 1Y correlation of 0.45, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.45 | 0.51 | 0.63 | 86 | Europe Equities | SX5S.L vs FLXD.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.49 | 0.46 | 0.54 | 64 | Technology Equities | SX5S.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.54 | 0.50 | 0.57 | 76 | Nasdaq-100 | SX5S.L vs EQQQ.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.55 | 0.71 | 0.78 | 86 | Europe Equities | SX5S.L vs LCPE.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.56 | 0.51 | 0.56 | 67 | Nasdaq-100 | SX5S.L vs EQQU.L |
See all 106 diversifiers for SX5S.L
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