Looking to diversify beyond CG1.L? The ETFs below have the lowest correlation with CG1.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 CG1.L.
Best Diversifiers for CG1.L
2 ETFs have low correlation with CG1.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.04, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.04 | -0.04 | -0.01 | 99 | Money Market | CG1.L vs CSH2.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.30 | 0.23 | 0.23 | 99 | Europe Equities | CG1.L vs JRDZ.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.48 | 0.44 | 0.35 | 77 | Europe Equities | CG1.L vs LCPE.L | |
| Franklin European Quality Dividend UCITS ETF | 0.49 | 0.56 | 0.64 | 80 | Europe Equities | CG1.L vs FLXD.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.49 | 0.33 | 0.28 | 90 | Europe Equities | CG1.L vs UD03.L |
See all 23 diversifiers for CG1.L
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