Looking to balance out your exposure to CPG.L? The ETFs below have the lowest correlation with CPG.L — they tend to move on their own, which can help reduce risk when CPG.L drops. The stock ideas table highlights individual companies that behave independently from CPG.L.
No Diversifiers Found for CPG.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CPG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CPG.L and solid risk/return profiles. The least correlated is Bunzl plc (BNZL.L) (Consumer Defensive) with a 1Y correlation of 0.29, roughly unchanged from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Bunzl plc | 0.29 | 0.31 | 0.29 | 55 | Consumer Defensive |
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