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), 6 of which are negatively correlated. The least correlated is Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) (Government Bonds) with a 1Y correlation of -0.18, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | -0.18 | 0.07 | 0.09 | 91 | Government Bonds, Short-Term Bond | CBE3.L vs XUT3.L | |
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | -0.16 | 0.08 | 0.10 | 88 | Government Bonds, Short-Term Bond | CBE3.L vs IBTA.L | |
| Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD... | -0.15 | 0.05 | 0.08 | 87 | Short-Term Bond | CBE3.L vs VDCA.L | |
| JPM BetaBuilders US Treasury Bond 0-1 yr UCITS ETF... | -0.03 | -0.02 | 0.01 | 99 | Short-Term Bond | CBE3.L vs BBIL.L | |
| iShares MSCI EM ex-China UCITS ETF USD (Acc) | -0.03 | 0.05 | — | 94 | Emerging Markets Equities | CBE3.L vs EXCS.L |
See all 16 diversifiers for CBE3.L
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Diversification Analysis
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