Looking to diversify beyond CDCE.L? The ETFs below have the lowest correlation with CDCE.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 CDCE.L.
Best Diversifiers for CDCE.L
0 ETFs have low correlation with CDCE.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P 500 UCITS ETF USD Acc (SPYL.L) (S&P 500) with a 1Y correlation of 0.41, roughly unchanged from 0.40 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P 500 UCITS ETF USD Acc | 0.41 | 0.40 | — | 74 | S&P 500 | CDCE.L vs SPYL.L | |
| SPDR S&P 500 UCITS ETF | 0.41 | 0.41 | 0.44 | 83 | S&P 500 | CDCE.L vs SPX5.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.42 | 0.43 | 0.44 | 75 | S&P 500 | CDCE.L vs SPY5.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.50 | 0.50 | 0.50 | 75 | Small Cap Value Equities | CDCE.L vs USSC.L | |
| SPDR MSCI World UCITS ETF | 0.51 | 0.54 | — | 69 | Large Cap Growth Equities | CDCE.L vs SWRD.L |
See all 9 diversifiers for CDCE.L
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