Looking to diversify beyond TRXG.L? The ETFs below have the lowest correlation with TRXG.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 TRXG.L.
Best Diversifiers for TRXG.L
11 ETFs have low correlation with TRXG.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 -0.22, roughly unchanged from -0.27 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 | -0.22 | -0.19 | -0.27 | 73 | Nasdaq-100 | TRXG.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.03 | 0.01 | -0.04 | 73 | Technology Equities | TRXG.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.04 | 0.02 | -0.05 | 75 | Nasdaq-100 | TRXG.L vs EQQU.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.06 | -0.03 | -0.03 | 86 | Global Equities | TRXG.L vs FWRG.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.08 | 0.06 | -0.01 | 78 | Nasdaq-100 | TRXG.L vs EQQQ.L |
See all 15 diversifiers for TRXG.L
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