Looking to diversify beyond CBE3.L? The ETFs below have the lowest correlation with CBE3.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 CBE3.L.
Best Diversifiers for CBE3.L
16 ETFs have low correlation with CBE3.L (below 0.3), 3 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) (Government Bonds) with a 1Y correlation of -0.16, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | -0.16 | 0.05 | 0.09 | 84 | Government Bonds, Short-Term Bond | CBE3.L vs IBTA.L | |
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | -0.15 | 0.06 | 0.09 | 91 | Government Bonds, Short-Term Bond | CBE3.L vs XUT3.L | |
| JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF... | -0.03 | -0.02 | 0.00 | 99 | Short-Term Bond | CBE3.L vs BBIL.L | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF GBP He... | 0.04 | 0.12 | 0.18 | 98 | Short-Term Bond | CBE3.L vs TIGB.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.10 | 0.03 | 0.04 | 58 | Technology Equities, S&P 500 | CBE3.L vs IITU.L |
See all 16 diversifiers for CBE3.L
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Diversification Analysis
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