Looking to diversify beyond TREX.L? The ETFs below have the lowest correlation with TREX.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 TREX.L.
Best Diversifiers for TREX.L
13 ETFs have low correlation with TREX.L (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) (Nasdaq-100) with a 1Y correlation of -0.10, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | -0.10 | -0.08 | -0.16 | 73 | Nasdaq-100 | TREX.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.06 | 0.02 | 0.01 | 73 | Technology Equities | TREX.L vs XLKQ.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.07 | 0.02 | 0.02 | 97 | Government Bonds, Ultrashort Bond | TREX.L vs USFR.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.15 | 0.03 | 0.03 | 86 | Global Equities | TREX.L vs FWRG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.15 | 0.08 | 0.05 | 78 | Nasdaq-100 | TREX.L vs EQQQ.L |
See all 16 diversifiers for TREX.L
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