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 iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of 0.46, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.46 | 0.48 | 0.60 | 58 | Technology Equities, S&P 500 | CIND.L vs IITU.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.50 | 0.61 | 0.71 | 69 | Large Cap Blend Equities, Dividend | CIND.L vs USDV.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.50 | 0.51 | 0.64 | 50 | Technology Equities, S&P 500 | CIND.L vs IUIT.L | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.54 | 0.56 | 0.64 | 76 | Nasdaq-100 | CIND.L vs CNX1.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.56 | 0.52 | 0.55 | 73 | Emerging Markets Equities | CIND.L vs EIMI.L |
See all 34 diversifiers for CIND.L
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Diversification Analysis
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