Looking to diversify beyond 3CRE.L? The ETFs below have the lowest correlation with 3CRE.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 3CRE.L.
Best Diversifiers for 3CRE.L
20 ETFs have low correlation with 3CRE.L (below 0.3), 2 of which are negatively correlated. The least correlated is Leverage Shares 3x BP ETP GBX (3BP.L) (Leveraged Equities) with a 1Y correlation of -0.04, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.04 | 0.03 | 0.05 | 61 | Leveraged Equities | 3CRE.L vs 3BP.L | |
| Leverage Shares 3x Long Taiwan Semiconductor (TSM)... | -0.01 | 0.26 | 0.28 | 91 | Leveraged Equities, Semiconductors | 3CRE.L vs 3TSM.L | |
| Leverage Shares 3x Long Semiconductors ETP Securit... | 0.01 | 0.28 | 0.35 | 96 | Leveraged Equities, Semiconductors | 3CRE.L vs SMH3.L | |
| Leverage Shares 2x Micron Technology ETC GBP | 0.01 | 0.18 | 0.20 | 99 | Leveraged Equities | 3CRE.L vs 2MU.L | |
| Leverage Shares 3x AMD ETC GBP | 0.02 | 0.28 | 0.32 | 96 | Leveraged Equities | 3CRE.L vs 3AMD.L |
See all 20 diversifiers for 3CRE.L
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