Looking to diversify beyond CLIM.L? The ETFs below have the lowest correlation with CLIM.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 CLIM.L.
Best Diversifiers for CLIM.L
8 ETFs have low correlation with CLIM.L (below 0.3), 0 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 0.03, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.03 | 0.03 | 0.03 | 99 | Money Market | CLIM.L vs CSH2.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.18 | 0.14 | 0.10 | 82 | S&P 500 | CLIM.L vs 500G.L | |
| Lyxor MSCI All Country World UCITS ETF | 0.19 | 0.01 | 0.01 | 87 | Global Equities | CLIM.L vs ACWL.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.19 | 0.12 | 0.07 | 75 | S&P 500 | CLIM.L vs 500U.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.22 | 0.07 | -0.03 | 55 | Financials Equities | CLIM.L vs BNKE.L |
See all 8 diversifiers for CLIM.L
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