Looking to balance out your exposure to CCEP.L? The ETFs below have the lowest correlation with CCEP.L — they tend to move on their own, which can help reduce risk when CCEP.L drops. The stock ideas table highlights individual companies that behave independently from CCEP.L.
No Diversifiers Found for CCEP.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CCEP.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CCEP.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of 0.56, up from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca Cola HBC AG | 0.56 | 0.36 | 0.37 | 52 | Consumer Defensive |
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