Looking to diversify beyond SXLB.L? The ETFs below have the lowest correlation with SXLB.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 SXLB.L.
Best Diversifiers for SXLB.L
0 ETFs have low correlation with SXLB.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Space Innovators UCITS ETF (JEDG.L) (Industrials Equities) with a 1Y correlation of 0.35, down from 0.47 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.35 | 0.47 | — | 95 | Industrials Equities | SXLB.L vs JEDG.L | |
| SPDR S&P 500 UCITS ETF | 0.45 | 0.54 | 0.66 | 83 | S&P 500 | SXLB.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.52 | 0.60 | 0.70 | 75 | S&P 500 | SXLB.L vs SPY5.L | |
| Invesco US Industrials Sector UCITS ETF | 0.52 | 0.64 | 0.70 | 52 | Industrials Equities | SXLB.L vs XLIP.L | |
| SPDR MSCI World UCITS ETF | 0.54 | 0.62 | 0.70 | 83 | Global Equities | SXLB.L vs SWLD.L |
See all 12 diversifiers for SXLB.L
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