Looking to diversify beyond TFRN.L? The ETFs below have the lowest correlation with TFRN.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 TFRN.L.
Best Diversifiers for TFRN.L
17 ETFs have low correlation with TFRN.L (below 0.3), 10 of which are negatively correlated. The least correlated is Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist (T3GB.L) (Government Bonds) with a 1Y correlation of -0.28, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hd... | -0.28 | -0.28 | -0.25 | 93 | Government Bonds | TFRN.L vs T3GB.L | |
| iShares $ Treasury Bond 1-3yr UCITS ETF GBP Hedged... | -0.12 | -0.18 | -0.19 | 84 | Government Bonds | TFRN.L vs IBTG.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | -0.11 | 0.05 | 0.02 | 53 | Large Cap Blend Equities, Dividend | TFRN.L vs DGRA.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | -0.09 | 0.07 | 0.04 | 52 | Leveraged Equities, S&P 500 | TFRN.L vs 3USL.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | -0.06 | -0.00 | -0.07 | 74 | Technology Equities | TFRN.L vs INTL.L |
See all 17 diversifiers for TFRN.L
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