Looking to diversify beyond CIND.L? The ETFs below have the lowest correlation with CIND.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 CIND.L.
Best Diversifiers for CIND.L
0 ETFs have low correlation with CIND.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.L) (Large Cap Blend Equities) with a 1Y correlation of 0.44, roughly unchanged from 0.39 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.44 | 0.39 | — | 94 | Large Cap Blend Equities | CIND.L vs XZMD.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.48 | 0.49 | 0.61 | 73 | Technology Equities, S&P 500 | CIND.L vs IITU.L | |
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.51 | 0.64 | 0.67 | 93 | Large Cap Blend Equities | CIND.L vs FEXD.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.52 | 0.52 | 0.64 | 71 | Technology Equities, S&P 500 | CIND.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.56 | 0.58 | 0.65 | 78 | Nasdaq-100 | CIND.L vs CNX1.L |
See all 33 diversifiers for CIND.L
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