Looking to diversify beyond XLYS.L? The ETFs below have the lowest correlation with XLYS.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 XLYS.L.
Best Diversifiers for XLYS.L
1 ETFs have low correlation with XLYS.L (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco Energy S&P US Select Sector UCITS ETF Acc (XLES.L) (Energy Equities) with a 1Y correlation of -0.19, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Energy S&P US Select Sector UCITS ETF Acc | -0.19 | 0.09 | 0.23 | 62 | Energy Equities | XLYS.L vs XLES.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.41 | 0.52 | 0.62 | 73 | Technology Equities | XLYS.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.49 | 0.59 | 0.66 | 73 | Nasdaq-100 | XLYS.L vs EQGB.L | |
| Invesco S&P 500 UCITS ETF | 0.55 | 0.63 | 0.68 | 83 | S&P 500 | XLYS.L vs SPXP.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.56 | 0.62 | 0.62 | 86 | Global Equities | XLYS.L vs FWRG.L |
See all 9 diversifiers for XLYS.L
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