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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.


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.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
British American Tobacco plc-0.04-0.010.06
78
Consumer Defensive
Cairn Homes plc0.250.290.28
58
Consumer Cyclical
The City of London Investment Trust plc0.330.350.46
81
Financial Services

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Diversification Analysis

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