Looking to diversify beyond VAPX.L? The ETFs below have the lowest correlation with VAPX.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 VAPX.L.
Best Diversifiers for VAPX.L
2 ETFs have low correlation with VAPX.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.07, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.07 | 0.05 | 0.06 | 98 | Ultrashort Bond | VAPX.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.24 | 0.49 | 0.55 | 91 | Global Equities, Dividend | VAPX.L vs TDGB.L | |
| Vanguard FTSE 100 UCITS ETF (GBP) Accumulating | 0.40 | 0.57 | 0.58 | 56 | Europe Equities | VAPX.L vs VUKG.L | |
| iShares Core FTSE 100 UCITS ETF (Dist) | 0.42 | 0.58 | 0.59 | 56 | Europe Equities | VAPX.L vs ISF.L | |
| Lyxor FTSE 100 UCITS ETF - Acc | 0.43 | 0.58 | 0.60 | 55 | Europe Equities | VAPX.L vs L100.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from VAPX.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to VAPX.L and solid risk/return profiles. The least correlated is BP plc (BP.L) (Energy) with a 1Y correlation of -0.10, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP plc | -0.10 | 0.16 | 0.25 | 87 | Energy | |
| British American Tobacco plc | 0.05 | 0.13 | 0.14 | 79 | Consumer Defensive |
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