Looking to diversify beyond TRES.L? The ETFs below have the lowest correlation with TRES.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 TRES.L.
Best Diversifiers for TRES.L
13 ETFs have low correlation with TRES.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) (Government Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.07 | 0.02 | 0.02 | 97 | Government Bonds, Ultrashort Bond | TRES.L vs USFR.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.08 | 0.03 | 0.01 | 73 | Technology Equities | TRES.L vs XLKQ.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | 0.13 | 0.11 | 0.16 | 99 | Government Bonds, Ultrashort Bond | TRES.L vs IBTU.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.13 | 0.12 | 0.19 | 100 | Government Bonds, Ultrashort Bond | TRES.L vs IB01.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.13 | 0.12 | 0.04 | 78 | Nasdaq-100 | TRES.L vs EQQQ.L |
See all 15 diversifiers for TRES.L
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Diversification Analysis
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