Looking to diversify beyond CLMP.L? The ETFs below have the lowest correlation with CLMP.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 CLMP.L.
Best Diversifiers for CLMP.L
1 ETFs have low correlation with CLMP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L) (Utilities Equities) with a 1Y correlation of 0.07, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.07 | 0.27 | 0.34 | 53 | Utilities Equities, Global Equities | CLMP.L vs INFR.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.32 | 0.52 | 0.53 | 87 | Global Equities, Dividend | CLMP.L vs TDGB.L | |
| Scottish Mortgage Investment Trust plc | 0.51 | 0.59 | 0.66 | 83 | Global Equities | CLMP.L vs SMT.L | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.57 | 0.61 | 0.66 | 83 | Global Equities | CLMP.L vs JPLG.L | |
| Invesco Global Buyback Achievers UCITS ETF | 0.58 | 0.63 | 0.67 | 79 | Global Equities | CLMP.L vs SBUY.L |
See all 17 diversifiers for CLMP.L
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