Looking to diversify beyond XLFS.L? The ETFs below have the lowest correlation with XLFS.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 XLFS.L.
Best Diversifiers for XLFS.L
1 ETFs have low correlation with XLFS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF GBP Acc (XLKQ.L) (Technology Equities) with a 1Y correlation of 0.30, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.30 | 0.30 | 0.45 | 73 | Technology Equities | XLFS.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.37 | 0.38 | 0.46 | 78 | Nasdaq-100 | XLFS.L vs EQQQ.L | |
| iShares NASDAQ 100 UCITS ETF | 0.39 | 0.41 | 0.53 | 75 | Nasdaq-100 | XLFS.L vs CNDX.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.41 | 0.38 | 0.44 | 55 | Financials Equities | XLFS.L vs BNKE.L | |
| Vanguard FTSE Japan UCITS ETF USD Hedged Acc | 0.41 | 0.45 | — | 88 | Japan Equities | XLFS.L vs VJPU.L |
See all 17 diversifiers for XLFS.L
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