Looking to diversify beyond CAPU.L? The ETFs below have the lowest correlation with CAPU.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 CAPU.L.
Best Diversifiers for CAPU.L
0 ETFs have low correlation with CAPU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.L) (Nasdaq-100) with a 1Y correlation of 0.34, down from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.34 | 0.54 | 0.67 | 61 | Nasdaq-100 | CAPU.L vs CNDX.L | |
| Invesco MSCI USA ESG Universal Screened UCITS ETF ... | 0.40 | 0.57 | 0.66 | 62 | Large Cap Blend Equities | CAPU.L vs ESPB.L | |
| iShares MSCI USA Islamic UCITS ETF | 0.42 | 0.62 | 0.72 | 81 | Large Cap Blend Equities | CAPU.L vs ISDU.L | |
| iShares Edge MSCI USA Multifactor UCITS | 0.45 | 0.66 | 0.75 | 75 | Large Cap Blend Equities | CAPU.L vs IFSU.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.46 | 0.46 | 0.53 | 85 | Europe Equities | CAPU.L vs LCPE.L |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CAPU.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CAPU.L and solid risk/return profiles. The least correlated is JP Morgan Global Growth & Income plc (JGGI.L) (Financial Services) with a 1Y correlation of 0.46, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JP Morgan Global Growth & Income plc | 0.46 | 0.60 | 0.64 | 75 | Financial Services |
Build a portfolio that complements CAPU.L
Add CAPU.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CAPU.L