Looking to diversify beyond XSPX.L? The ETFs below have the lowest correlation with XSPX.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 XSPX.L.
Best Diversifiers for XSPX.L
1 ETFs have low correlation with XSPX.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.03, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.03 | 0.24 | 0.29 | 60 | Energy Equities, S&P 500 | XSPX.L vs IUES.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.56 | 0.57 | 0.58 | 84 | Japan Equities | XSPX.L vs XDJP.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.57 | 0.52 | 0.52 | 80 | Emerging Markets Equities | XSPX.L vs XMME.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.57 | 0.47 | 0.47 | 65 | S&P 500 | XSPX.L vs BYBU.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.57 | 0.69 | 0.77 | 71 | S&P 500 | XSPX.L vs BYBG.L |
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