Looking to diversify beyond CNDX.AS? The ETFs below have the lowest correlation with CNDX.AS — 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 CNDX.AS.
Best Diversifiers for CNDX.AS
2 ETFs have low correlation with CNDX.AS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS) (Inflation-Protected Bonds) with a 1Y correlation of 0.11, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD TIPS 0-5 UCITS ETF USD Accumulating | 0.11 | 0.18 | 0.14 | 73 | Inflation-Protected Bonds | CNDX.AS vs TI5A.AS | |
| iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 0.16 | 0.19 | 0.10 | 59 | Emerging Markets Bonds | CNDX.AS vs CYBU.AS | |
| iShares Euro Dividend UCITS ETF | 0.32 | 0.26 | 0.37 | 52 | Europe Equities | CNDX.AS vs IDVY.AS | |
| iShares MSCI EM Latin America UCITS ETF USD (Dist) | 0.37 | 0.32 | 0.33 | 56 | Latin America Equities | CNDX.AS vs LTAM.AS | |
| iShares Copper Miners UCITS ETF | 0.43 | — | — | 77 | Commodity Producers Equities | CNDX.AS vs COPM.AS |
See all 24 diversifiers for CNDX.AS
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