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
15 ETFs have low correlation with TRSX.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dist) (IBTU.L) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.03 | 0.06 | 0.06 | 98 | Government Bonds, Ultrashort Bond | TRSX.L vs IBTU.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.03 | -0.02 | -0.00 | 85 | Government Bonds | TRSX.L vs TFRN.L | |
| Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U... | 0.04 | 0.12 | 0.24 | 99 | Government Bonds, Ultrashort Bond | TRSX.L vs PR1T.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.07 | 0.02 | 0.02 | 68 | Government Bonds, Ultrashort Bond | TRSX.L vs USFR.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.19 | 0.14 | 0.19 | 100 | Government Bonds, Ultrashort Bond | TRSX.L vs IB01.L |
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