PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to CMCX.L? The ETFs below have the lowest correlation with CMCX.L — they tend to move on their own, which can help reduce risk when CMCX.L drops. The stock ideas table highlights individual companies that behave independently from CMCX.L.

No Diversifiers Found for CMCX.L


We do not have enough correlation history to rank diversifiers for this symbol yet.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from CMCX.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CMCX.L and solid risk/return profiles. The least correlated is Plus500 Ltd (PLUS.L) (Financial Services) with a 1Y correlation of 0.31, roughly unchanged from 0.33 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Plus500 Ltd0.310.320.33
80
Financial Services

Rows per page

1–1 of 1

Diversification Analysis

Build a portfolio that complements CMCX.L

Add CMCX.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with CMCX.L