Looking to diversify beyond TPXG.L? The ETFs below have the lowest correlation with TPXG.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 TPXG.L.
Best Diversifiers for TPXG.L
1 ETFs have low correlation with TPXG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of 0.18, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.18 | 0.06 | 0.04 | 99 | Money Market | TPXG.L vs CSH2.L | |
| iShares MSCI UK UCITS ETF (Acc) | 0.43 | 0.45 | 0.42 | 69 | Europe Equities | TPXG.L vs CSUK.L | |
| Amundi FTSE 100 UCITS ETF | 0.45 | 0.47 | 0.44 | 68 | Europe Equities | TPXG.L vs 100D.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.48 | 0.36 | 0.32 | 75 | Financials Equities | TPXG.L vs BNKE.L | |
| L&G APAC ex-Japan Quality Dividends Equal Weight U... | 0.48 | 0.43 | 0.45 | 56 | Asia Pacific Equities | TPXG.L vs LDAP.L |
See all 64 diversifiers for TPXG.L
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