Looking to diversify beyond CATL.L? The ETFs below have the lowest correlation with CATL.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 CATL.L.
Best Diversifiers for CATL.L
5 ETFs have low correlation with CATL.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Soybean Oil (SOYO.L) (Agricultural Commodities) with a 1Y correlation of 0.04, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Soybean Oil | 0.05 | 0.06 | 0.06 | 74 | Agricultural Commodities | CATL.L vs SOYO.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | 0.16 | 0.11 | 0.15 | 69 | Nasdaq-100, Leveraged Equities | CATL.L vs QQQ3.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.16 | 0.12 | 0.13 | 91 | Technology Equities | CATL.L vs INTL.L | |
| WisdomTree Physical Silver | 0.17 | 0.12 | 0.09 | 56 | Silver, Precious Metals | CATL.L vs PHSP.L | |
| WisdomTree S&P 500 3x Daily Leveraged GB | 0.20 | 0.12 | 0.16 | 65 | Leveraged Equities, S&P 500 | CATL.L vs 3USL.L |
Diversification Analysis
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