Looking to diversify beyond TSY3.L? The ETFs below have the lowest correlation with TSY3.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 TSY3.L.
Best Diversifiers for TSY3.L
17 ETFs have low correlation with TSY3.L (below 0.3), 6 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 UCITS ETF (SPY5.L) (S&P 500) with a 1Y correlation of -0.16, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 UCITS ETF | -0.16 | -0.19 | -0.20 | 75 | S&P 500 | TSY3.L vs SPY5.L | |
| SPDR MSCI ACWI IMI | -0.06 | -0.04 | -0.12 | 75 | Global Equities | TSY3.L vs IMID.L | |
| SPDR MSCI All Country World UCITS ETF | -0.06 | -0.03 | -0.11 | 73 | Global Equities | TSY3.L vs ACWD.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | -0.04 | -0.05 | -0.15 | 75 | Small Cap Value Equities | TSY3.L vs USSC.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | -0.04 | 0.01 | — | 97 | Short-Term Bond | TSY3.L vs TIGB.L |
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