Looking to diversify beyond COII.L? The ETFs below have the lowest correlation with COII.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 COII.L.
Best Diversifiers for COII.L
8 ETFs have low correlation with COII.L (below 0.3), 1 of which are negatively correlated. The least correlated is Leverage Shares 3x BP ETP GBX (3BP.L) (Leveraged Equities) with a 1Y correlation of -0.15, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 3x BP ETP GBX | -0.15 | -0.03 | -0.03 | 61 | Leveraged Equities | COII.L vs 3BP.L | |
| Leverage Shares 3x Apple ETP Securities GBP | 0.09 | — | — | 57 | Leveraged Equities | COII.L vs 3AAP.L | |
| Leverage Shares 3x Apple ETC EUR | 0.12 | — | — | 63 | Leveraged Equities | COII.L vs 3APE.L | |
| Leverage Shares 3x Alphabet ETP Scs | 0.14 | 0.29 | 0.29 | 95 | Leveraged Equities | COII.L vs 3GOE.L | |
| Leverage Shares 3x Alphabet ETC GBP | 0.15 | 0.29 | 0.29 | 96 | Leveraged Equities | COII.L vs 3GOO.L |
See all 22 diversifiers for COII.L
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