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
15 ETFs have low correlation with XLVP.L (below 0.3), 4 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 -0.04, down from 0.19 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 | -0.04 | 0.08 | 0.19 | 73 | Nasdaq-100 | XLVP.L vs EQGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.03 | 0.13 | 0.27 | 70 | Technology Equities, S&P 500 | XLVP.L vs IITU.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | -0.03 | 0.13 | 0.27 | 73 | Technology Equities | XLVP.L vs XLKQ.L | |
| Invesco US Energy Sector UCITS ETF | -0.00 | 0.17 | 0.18 | 57 | Energy Equities | XLVP.L vs XLEP.L | |
| iShares Physical Silver ETC | 0.02 | -0.05 | -0.02 | 56 | Silver, Precious Metals | XLVP.L vs SSLN.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XLVP.L
Add XLVP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XLVP.L