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
0 ETFs have low correlation with XSPX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi S&P 500 Buyback ETF-C USD (BYBU.L) (S&P 500) with a 1Y correlation of 0.55, down from 0.73 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi S&P 500 Buyback ETF-C USD | 0.55 | 0.65 | 0.73 | 60 | S&P 500 | XSPX.L vs BYBU.L | |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD | 0.55 | — | — | 52 | Foreign Large Cap Equities | XSPX.L vs EXUS.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.55 | 0.73 | 0.74 | 93 | S&P 500, Large Cap Value Equities | XSPX.L vs PQVG.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.56 | 0.68 | 0.77 | 77 | S&P 500 | XSPX.L vs BYBG.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.56 | 0.56 | 0.57 | 91 | Japan Equities | XSPX.L vs XDJP.L |
See all 41 diversifiers for XSPX.L
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