Looking to diversify beyond CBND.L? The ETFs below have the lowest correlation with CBND.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 CBND.L.
Best Diversifiers for CBND.L
11 ETFs have low correlation with CBND.L (below 0.3), 6 of which are negatively correlated. The least correlated is Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hdg Dist (T3GB.L) (Government Bonds) with a 1Y correlation of -0.11, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco US Treasury Bond 1-3 Year UCITS ETF GBP Hd... | -0.11 | -0.13 | -0.12 | 93 | Government Bonds | CBND.L vs T3GB.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF USD (Dis... | -0.06 | 0.02 | 0.04 | 98 | Government Bonds, Ultrashort Bond | CBND.L vs IBTU.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.03 | -0.02 | -0.02 | 90 | Government Bonds | CBND.L vs TFRN.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.03 | 0.02 | 0.03 | 87 | Government Bonds, Ultrashort Bond | CBND.L vs USFR.L | |
| Amundi Prime US Treasury Bond 0-1 Y UCITS ETF DR U... | -0.00 | 0.12 | 0.10 | 99 | Government Bonds, Ultrashort Bond | CBND.L vs PR1T.L |
See all 12 diversifiers for CBND.L
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Diversification Analysis
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