Looking to diversify beyond CE31.L? The ETFs below have the lowest correlation with CE31.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 CE31.L.
Best Diversifiers for CE31.L
15 ETFs have low correlation with CE31.L (below 0.3), 5 of which are negatively correlated. The least correlated is Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) (Commodities) with a 1Y correlation of -0.07, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF Acc | -0.07 | 0.04 | 0.05 | 67 | Commodities | CE31.L vs CMOP.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | -0.02 | -0.02 | -0.03 | 75 | Small Cap Value Equities | CE31.L vs USSC.L | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.02 | -0.06 | -0.03 | 68 | Technology Equities, S&P 500 | CE31.L vs IUIT.L | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.02 | -0.04 | 0.00 | 70 | Technology Equities, S&P 500 | CE31.L vs IITU.L | |
| iShares Core MSCI EM IMI UCITS ETF | -0.00 | 0.03 | 0.05 | 78 | Emerging Markets Equities | CE31.L vs EIMI.L |
See all 15 diversifiers for CE31.L
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