Looking to diversify beyond CMU.L? The ETFs below have the lowest correlation with CMU.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 CMU.L.
Best Diversifiers for CMU.L
1 ETFs have low correlation with CMU.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.04, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.04 | -0.03 | -0.01 | 99 | Money Market | CMU.L vs CSH2.L | |
| L&G UK Equity UCITS ETF | 0.43 | 0.57 | 0.65 | 55 | Europe Equities | CMU.L vs LGUK.L | |
| Franklin European Quality Dividend UCITS ETF | 0.44 | 0.53 | 0.65 | 88 | Europe Equities | CMU.L vs FLXD.L | |
| Lyxor Core UK Equity All Cap (DR) UCITS ETF - Dist | 0.56 | 0.67 | 0.73 | 66 | Europe Equities | CMU.L vs LCUK.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.56 | 0.57 | 0.59 | 58 | Europe Equities | CMU.L vs SPOL.L |
See all 105 diversifiers for CMU.L
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