Looking to balance out your exposure to COST.L? The ETFs below have the lowest correlation with COST.L — they tend to move on their own, which can help reduce risk when COST.L drops. The stock ideas table highlights individual companies that behave independently from COST.L.
Best Diversifiers for COST.L
0 ETFs have low correlation with COST.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard FTSE Developed Asia Pacific ex Japan UCITS ETF Acc (VDPG.L) (Asia Pacific Equities) with a 1Y correlation of 0.38, up from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Developed Asia Pacific ex Japan UCIT... | 0.38 | 0.28 | 0.24 | 95 | Asia Pacific Equities | COST.L vs VDPG.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from COST.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to COST.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.33, up from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.33 | 0.22 | 0.22 | 75 | Industrials | |
| Keller Group plc | 0.35 | 0.24 | 0.22 | 89 | Industrials |
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