Looking to diversify beyond XLPS.L? The ETFs below have the lowest correlation with XLPS.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 XLPS.L.
Best Diversifiers for XLPS.L
11 ETFs have low correlation with XLPS.L (below 0.3), 10 of which are negatively correlated. The least correlated is Invesco Technology S&P US Select Sector UCITS ETF Acc (XLKS.L) (Technology Equities) with a 1Y correlation of -0.27, down from 0.16 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 ... | -0.27 | -0.05 | 0.16 | 70 | Technology Equities | XLPS.L vs XLKS.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | -0.25 | -0.02 | 0.13 | 73 | Technology Equities | XLPS.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | -0.23 | -0.04 | 0.06 | 73 | Nasdaq-100 | XLPS.L vs EQGB.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | -0.15 | 0.05 | 0.22 | 78 | Nasdaq-100 | XLPS.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | -0.14 | 0.06 | 0.23 | 75 | Nasdaq-100 | XLPS.L vs EQQU.L |
See all 11 diversifiers for XLPS.L
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