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 NASDAQ 100 UCITS ETF USD (Acc) (CNX1.L) (Nasdaq-100) with a 1Y correlation of 0.52, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.52 | 0.56 | 0.64 | 59 | Nasdaq-100 | CIND.L vs CNX1.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.54 | 0.52 | 0.56 | 62 | Emerging Markets Equities | CIND.L vs EIMI.L | |
| iShares NASDAQ 100 UCITS ETF | 0.58 | 0.61 | 0.69 | 61 | Nasdaq-100 | CIND.L vs CNDX.L | |
| iShares MSCI USA Islamic UCITS ETF | 0.62 | 0.71 | 0.79 | 81 | Large Cap Blend Equities | CIND.L vs ISDU.L | |
| iShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.65 | 0.59 | 0.66 | 51 | Europe Equities | CIND.L vs SMEA.L |
See all 31 diversifiers for CIND.L
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