Looking to diversify beyond CNYB.L? The ETFs below have the lowest correlation with CNYB.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 CNYB.L.
Best Diversifiers for CNYB.L
15 ETFs have low correlation with CNYB.L (below 0.3), 5 of which are negatively correlated. The least correlated is iShares J.P. Morgan $ EM Bond UCITS ETF GBP Hedged (Dist) (EMHG.L) (Emerging Markets Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares J.P. Morgan $ EM Bond UCITS ETF GBP Hedged... | -0.20 | -0.26 | -0.25 | 66 | Emerging Markets Bonds, Government Bonds | CNYB.L vs EMHG.L | |
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | -0.17 | -0.13 | -0.11 | 94 | Global Bonds | CNYB.L vs SGSU.L | |
| First Trust Low Duration Global Government Bond UC... | -0.15 | -0.03 | -0.03 | 71 | Global Bonds | CNYB.L vs FGOV.L | |
| iShares Core MSCI EM IMI UCITS ETF | -0.10 | -0.05 | -0.03 | 62 | Emerging Markets Equities | CNYB.L vs EIMI.L | |
| iShares J.P. Morgan $ EM Corp Bond UCITS ETF USD (... | -0.02 | 0.02 | 0.10 | 62 | Emerging Markets Bonds, Corporate Bonds | CNYB.L vs EMCA.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements CNYB.L
Add CNYB.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CNYB.L