Looking to diversify beyond CMB1.L? The ETFs below have the lowest correlation with CMB1.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 CMB1.L.
Best Diversifiers for CMB1.L
0 ETFs have low correlation with CMB1.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Brazil UCITS ETF 1C (XMBR.L) (Latin America Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI Brazil UCITS ETF 1C | 0.36 | 0.36 | 0.35 | 55 | Latin America Equities | CMB1.L vs XMBR.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.42 | 0.38 | 0.45 | 60 | Nasdaq-100 | CMB1.L vs EQQQ.L | |
| iShares NASDAQ 100 UCITS ETF | 0.44 | 0.40 | 0.45 | 61 | Nasdaq-100 | CMB1.L vs CNDX.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.45 | 0.63 | 0.69 | 85 | Europe Equities | CMB1.L vs LCPE.L | |
| L&G UK Equity UCITS ETF | 0.46 | 0.56 | 0.61 | 51 | Europe Equities | CMB1.L vs LGUK.L |
See all 88 diversifiers for CMB1.L
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