Looking to diversify beyond SXLI.L? The ETFs below have the lowest correlation with SXLI.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 SXLI.L.
Best Diversifiers for SXLI.L
0 ETFs have low correlation with SXLI.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 0.46, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Space Innovators UCITS ETF | 0.46 | 0.47 | 0.49 | 95 | Industrials Equities | SXLI.L vs JEDG.L | |
| Invesco S&P 500 UCITS ETF | 0.62 | 0.69 | 0.73 | 83 | S&P 500 | SXLI.L vs SPXP.L | |
| SPDR S&P 500 UCITS ETF | 0.63 | 0.69 | 0.73 | 83 | S&P 500 | SXLI.L vs SPX5.L | |
| SPDR MSCI World UCITS ETF | 0.68 | 0.72 | 0.76 | 83 | Global Equities | SXLI.L vs SWLD.L | |
| SPDR MSCI ACWI UCITS ETF | 0.68 | 0.72 | 0.75 | 86 | Global Equities | SXLI.L vs ACWI.L |
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