Looking to diversify beyond CPXJ.L? The ETFs below have the lowest correlation with CPXJ.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 CPXJ.L.
Best Diversifiers for CPXJ.L
0 ETFs have low correlation with CPXJ.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc (CNUA.L) (China Equities) with a 1Y correlation of 0.46, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) MSCI China A SF UCITS ETF (USD) A-acc | 0.46 | 0.40 | 0.44 | 59 | China Equities, Asia Pacific Equities | CPXJ.L vs CNUA.L | |
| iShares MSCI Japan GBP Hedged UCITS ETF | 0.48 | 0.44 | 0.50 | 87 | Japan Equities, Asia Pacific Equities | CPXJ.L vs IJPH.L | |
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.49 | 0.56 | 0.60 | 92 | Taiwan Equities, Asia Pacific Equities | CPXJ.L vs HTWN.L | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.49 | 0.55 | 0.59 | 93 | South Korea Equities, Asia Pacific Equities | CPXJ.L vs XKS2.L | |
| Xtrackers MSCI Taiwan UCITS ETF 1C | 0.49 | 0.56 | 0.60 | 92 | Taiwan Equities, Asia Pacific Equities | CPXJ.L vs XMTW.L |
See all 31 diversifiers for CPXJ.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CPXJ.L
Add CPXJ.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CPXJ.L