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
12 ETFs have low correlation with TRXG.L (below 0.3), 3 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 -0.21, 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 | -0.21 | -0.19 | -0.27 | 64 | Nasdaq-100 | TRXG.L vs EQGB.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.10 | 0.05 | 0.05 | 98 | Government Bonds, Ultrashort Bond | TRXG.L vs IBTU.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.00 | -0.03 | -0.01 | 87 | Government Bonds | TRXG.L vs TFRN.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.02 | 0.01 | -0.05 | 60 | Technology Equities | TRXG.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.02 | -0.00 | -0.04 | 67 | Nasdaq-100 | TRXG.L vs EQQU.L |
See all 16 diversifiers for TRXG.L
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