Looking to balance out your exposure to CRH.L? The ETFs below have the lowest correlation with CRH.L — they tend to move on their own, which can help reduce risk when CRH.L drops. The stock ideas table highlights individual companies that behave independently from CRH.L.
Best Diversifiers for CRH.L
1 ETFs have low correlation with CRH.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.05, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.05 | 0.08 | 0.09 | 99 | Ultrashort Bond | CRH.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.30 | 0.34 | 0.43 | 92 | Global Equities, Dividend | CRH.L vs TDGB.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.42 | 0.43 | 0.54 | 80 | Europe Equities | CRH.L vs LDEG.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CRH.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CRH.L and solid risk/return profiles. The least correlated is British American Tobacco plc (BATS.L) (Consumer Defensive) with a 1Y correlation of -0.04, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| British American Tobacco plc | -0.04 | -0.01 | 0.06 | 78 | Consumer Defensive | |
| Cairn Homes plc | 0.25 | 0.29 | 0.28 | 58 | Consumer Cyclical | |
| The City of London Investment Trust plc | 0.33 | 0.35 | 0.46 | 81 | Financial Services |
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