Looking to diversify beyond TRSX.L? The ETFs below have the lowest correlation with TRSX.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 TRSX.L.
Best Diversifiers for TRSX.L
14 ETFs have low correlation with TRSX.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI ACWI UCITS ETF (ACWI.L) (Global Equities) with a 1Y correlation of 0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI ACWI UCITS ETF | 0.04 | 0.08 | 0.02 | 85 | Global Equities | TRSX.L vs ACWI.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.05 | 0.04 | 0.02 | 97 | Government Bonds, Ultrashort Bond | TRSX.L vs USFR.L | |
| Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U... | 0.07 | 0.04 | 0.06 | 100 | Government Bonds, Ultrashort Bond | TRSX.L vs PR1T.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | 0.10 | 0.11 | 0.10 | 99 | Government Bonds, Ultrashort Bond | TRSX.L vs VDST.L | |
| SPDR S&P 500 UCITS ETF | 0.11 | 0.11 | 0.02 | 81 | S&P 500 | TRSX.L vs SPX5.L |
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