Looking to diversify beyond CA3S.L? The ETFs below have the lowest correlation with CA3S.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 CA3S.L.
Best Diversifiers for CA3S.L
3 ETFs have low correlation with CA3S.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) (Nasdaq-100) with a 1Y correlation of 0.23, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.23 | 0.12 | 0.11 | 73 | Nasdaq-100 | CA3S.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.28 | 0.14 | 0.15 | 75 | Technology Equities | CA3S.L vs XLKQ.L | |
| Invesco Dow Jones Islamic Global Developed Markets... | 0.29 | 0.16 | 0.15 | 77 | Global Equities | CA3S.L vs IGDA.L | |
| Invesco S&P 500 UCITS ETF | 0.30 | 0.16 | 0.17 | 81 | S&P 500 | CA3S.L vs SPXP.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.30 | 0.16 | 0.14 | 76 | Nasdaq-100 | CA3S.L vs EQQU.L |
See all 26 diversifiers for CA3S.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CA3S.L
Add CA3S.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CA3S.L