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
15 ETFs have low correlation with CMFP.L (below 0.3), 11 of which are negatively correlated. The least correlated is L&G ROBO Global Robotics and Automation UCITS ETF (ROBG.L) (Robotics) with a 1Y correlation of -0.12, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G ROBO Global Robotics and Automation UCITS ETF | -0.12 | 0.03 | 0.04 | 82 | Robotics, Technology Equities | CMFP.L vs ROBG.L | |
| L&G Russell 2000 US Small Cap UCITS ETF | -0.12 | 0.04 | 0.10 | 75 | Small Cap Blend Equities | CMFP.L vs RTWP.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.12 | -0.00 | 0.05 | 78 | Europe Equities | CMFP.L vs LDEG.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.10 | -0.03 | -0.03 | 98 | Ultrashort Bond | CMFP.L vs ERNS.L | |
| L&G Global Equity UCITS ETF | -0.09 | 0.10 | 0.12 | 82 | Global Equities | CMFP.L vs LGGG.L |
See all 39 diversifiers for CMFP.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CMFP.L
Add CMFP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CMFP.L