Looking to diversify beyond CMFP.L? The ETFs below have the lowest correlation with CMFP.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 CMFP.L.
Best Diversifiers for CMFP.L
16 ETFs have low correlation with CMFP.L (below 0.3), 11 of which are negatively correlated. The least correlated is L&G Europe ex UK Equity UCITS ETF (LGEG.L) (Europe Equities) with a 1Y correlation of -0.20, down from -0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Europe ex UK Equity UCITS ETF | -0.20 | -0.06 | -0.00 | 54 | Europe Equities | CMFP.L vs LGEG.L | |
| L&G Russell 2000 US Small Cap UCITS ETF | -0.12 | 0.04 | 0.10 | 88 | Small Cap Blend Equities | CMFP.L vs RTWP.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.10 | -0.03 | -0.03 | 99 | Ultrashort Bond | CMFP.L vs ERNS.L | |
| L&G ROBO Global Robotics and Automation UCITS ETF | -0.10 | 0.03 | 0.05 | 76 | Robotics, Technology Equities | CMFP.L vs ROBG.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.09 | -0.01 | 0.05 | 85 | Europe Equities | CMFP.L vs LDEG.L |
See all 25 diversifiers for CMFP.L
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