Looking to diversify beyond ANRJ.L? The ETFs below have the lowest correlation with ANRJ.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 ANRJ.L.
Best Diversifiers for ANRJ.L
16 ETFs have low correlation with ANRJ.L (below 0.3), 8 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.10, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.10 | -0.07 | -0.06 | 99 | Money Market | ANRJ.L vs CSH2.L | |
| Xtrackers MSCI USA Energy UCITS ETF 1D | -0.04 | 0.24 | 0.53 | 54 | Energy Equities | ANRJ.L vs XSEN.L | |
| SPDR S&P US Energy Select Sector UCITS ETF | -0.04 | 0.23 | — | 56 | Energy Equities | ANRJ.L vs GXLE.L | |
| Invesco US Energy Sector UCITS ETF | -0.03 | 0.24 | 0.53 | 57 | Energy Equities | ANRJ.L vs XLEP.L | |
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.01 | 0.26 | 0.53 | 60 | Energy Equities, S&P 500 | ANRJ.L vs IUES.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ANRJ.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ANRJ.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.31, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.31 | 0.30 | 0.32 | 75 | Industrials |
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