Looking to diversify beyond CLO.L? The ETFs below have the lowest correlation with CLO.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 CLO.L.
Best Diversifiers for CLO.L
5 ETFs have low correlation with CLO.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Silver Miners UCITS ETF USD Accumulating (SILG.L) (Silver) with a 1Y correlation of 0.07, down from 0.19 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Silver Miners UCITS ETF USD Accumulating | 0.07 | 0.19 | — | 54 | Silver, Commodity Producers Equities, Precious Metals | CLO.L vs SILG.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.26 | 0.36 | — | 71 | Nasdaq-100, Options Trading | CLO.L vs QYLP.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.26 | 0.42 | — | 97 | Semiconductors, Technology Equities | CLO.L vs HNSS.L | |
| VanEck Semiconductor UCITS ETF | 0.26 | 0.41 | — | 97 | Semiconductors, Technology Equities | CLO.L vs SMGB.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.27 | 0.39 | 0.38 | 90 | Technology Equities | CLO.L vs KARP.L |
See all 21 diversifiers for CLO.L
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