Looking to diversify beyond CIBR.L? The ETFs below have the lowest correlation with CIBR.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 CIBR.L.
Best Diversifiers for CIBR.L
16 ETFs have low correlation with CIBR.L (below 0.3), 1 of which are negatively correlated. The least correlated is First Trust FactorFX UCITS ETF Class A USD (FTFX.L) (Global Equities) with a 1Y correlation of -0.04, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust FactorFX UCITS ETF Class A USD | -0.04 | 0.04 | 0.16 | 65 | Global Equities | CIBR.L vs FTFX.L | |
| First Trust US Equity Income UCITS ETF | 0.06 | 0.25 | 0.32 | 81 | Dividend | CIBR.L vs UINC.L | |
| First Trust Low Duration Global Government Bond UC... | 0.08 | 0.15 | 0.21 | 71 | Global Bonds | CIBR.L vs FGOV.L | |
| First Trust Global Equity Income UCITS ETF Class A... | 0.12 | 0.26 | 0.32 | 94 | Dividend | CIBR.L vs FGBL.L | |
| First Trust US Equity Income UCITS ETF | 0.12 | 0.30 | 0.38 | 78 | Dividend | CIBR.L vs UIND.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CIBR.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CIBR.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.20, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.20 | 0.28 | 0.26 | 78 | Industrials |
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