Looking to diversify beyond CPJ1.L? The ETFs below have the lowest correlation with CPJ1.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 CPJ1.L.
Best Diversifiers for CPJ1.L
0 ETFs have low correlation with CPJ1.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) (Asia Pacific Equities) with a 1Y correlation of 0.34, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Korea UCITS ETF - Acc | 0.34 | 0.47 | 0.51 | 97 | Asia Pacific Equities | CPJ1.L vs KRWL.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.40 | 0.47 | 68 | Technology Equities, S&P 500 | CPJ1.L vs IUIT.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.39 | 0.39 | 0.47 | 70 | Technology Equities, S&P 500 | CPJ1.L vs IITU.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.41 | 0.58 | 0.60 | 94 | Asia Pacific Equities | CPJ1.L vs FRQX.L | |
| iShares NASDAQ 100 UCITS ETF | 0.42 | 0.45 | 0.51 | 75 | Nasdaq-100 | CPJ1.L vs CNDX.L |
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