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
3 ETFs have low correlation with CAPU.L (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR MSCI EM Asia UCITS ETF USD (Acc) (EMAD.L) (Asia Pacific Equities) with a 1Y correlation of 0.22, down from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR MSCI EM Asia UCITS ETF USD (Acc) | 0.22 | 0.34 | 0.39 | 57 | Asia Pacific Equities, Emerging Markets Equities, Large Cap Blend Equities | CAPU.L vs EMAD.L | |
| State Street SPDR MSCI Emerging Markets UCITS ETF ... | 0.25 | 0.37 | 0.42 | 61 | Emerging Markets Equities, Large Cap Blend Equities | CAPU.L vs EMRD.L | |
| iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Di... | 0.25 | 0.37 | 0.41 | 57 | Emerging Markets Equities, ESG, Large Cap Blend Equities | CAPU.L vs EEDM.L | |
| 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 |
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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 |
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