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
7 ETFs have low correlation with CLO.L (below 0.3), 0 of which are negatively correlated. The least correlated is Global X SuperDividend UCITS ETF USD Distributing (SDIP.L) (Dividend) with a 1Y correlation of 0.19, down from 0.38 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X SuperDividend UCITS ETF USD Distributing | 0.19 | 0.38 | — | 85 | Dividend | CLO.L vs SDIP.L | |
| VanEck Semiconductor UCITS ETF | 0.21 | 0.46 | — | 97 | Semiconductors, Technology Equities | CLO.L vs SMGB.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.25 | 0.42 | — | 93 | Technology Equities | CLO.L vs KARP.L | |
| VanEck Semiconductor UCITS ETF | 0.25 | 0.49 | — | 97 | Semiconductors, Technology Equities, ESG, Global Equities | CLO.L vs SMH.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.25 | 0.48 | — | 92 | Semiconductors, Technology Equities | CLO.L vs HNSS.L |
See all 21 diversifiers for CLO.L
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