Looking to diversify beyond SXLP.L? The ETFs below have the lowest correlation with SXLP.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 SXLP.L.
Best Diversifiers for SXLP.L
9 ETFs have low correlation with SXLP.L (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR MSCI ACWI UCITS ETF (ACWI.L) (Global Equities) with a 1Y correlation of -0.02, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI ACWI UCITS ETF | -0.02 | 0.21 | 0.31 | 85 | Global Equities | SXLP.L vs ACWI.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.01 | 0.16 | 0.16 | 73 | S&P 500 | SXLP.L vs SPYL.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.01 | 0.21 | 0.38 | 74 | S&P 500 | SXLP.L vs SPY5.L | |
| SPDR MSCI World UCITS ETF | 0.02 | 0.24 | 0.34 | 81 | Global Equities | SXLP.L vs SWLD.L | |
| SPDR S&P 500 UCITS ETF | 0.03 | 0.26 | 0.38 | 81 | S&P 500 | SXLP.L vs SPX5.L |
See all 9 diversifiers for SXLP.L
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Diversification Analysis
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