Looking to diversify beyond XLIP.L? The ETFs below have the lowest correlation with XLIP.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 XLIP.L.
Best Diversifiers for XLIP.L
0 ETFs have low correlation with XLIP.L (below 0.3), 0 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 0.44, roughly unchanged from 0.45 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 | 0.44 | 0.43 | 0.45 | 73 | Nasdaq-100 | XLIP.L vs EQGB.L | |
| VanEck Space Innovators UCITS ETF | 0.45 | 0.46 | — | 95 | Industrials Equities | XLIP.L vs JEDG.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.46 | 0.47 | 0.52 | 73 | Technology Equities | XLIP.L vs XLKQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.51 | 0.53 | 0.55 | 78 | Nasdaq-100 | XLIP.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.52 | 0.52 | 0.53 | 75 | Nasdaq-100 | XLIP.L vs EQQU.L |
See all 10 diversifiers for XLIP.L
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