Looking to diversify beyond XLVP.L? The ETFs below have the lowest correlation with XLVP.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 XLVP.L.
Best Diversifiers for XLVP.L
11 ETFs have low correlation with XLVP.L (below 0.3), 3 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 -0.12, down from 0.17 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 | -0.12 | 0.04 | 0.17 | 58 | Nasdaq-100 | XLVP.L vs EQGB.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | -0.04 | 0.16 | 0.30 | 60 | Nasdaq-100 | XLVP.L vs EQQQ.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | -0.04 | 0.14 | 0.28 | 61 | Nasdaq-100 | XLVP.L vs EQQU.L | |
| Invesco Dow Jones Islamic Global Developed Markets... | 0.07 | 0.25 | 0.39 | 67 | Global Equities | XLVP.L vs IGDA.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.08 | 0.25 | 0.25 | 81 | Global Equities | XLVP.L vs FWRG.L |
See all 25 diversifiers for XLVP.L
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