Looking to diversify beyond CRPA.L? The ETFs below have the lowest correlation with CRPA.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 CRPA.L.
Best Diversifiers for CRPA.L
2 ETFs have low correlation with CRPA.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Ultrashort Bond UCITS ETF USD (Acc) (ERNA.L) (Corporate Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.17 | 0.19 | 0.20 | 98 | Corporate Bonds | CRPA.L vs ERNA.L | |
| L&G Japan Equity UCITS ETF | 0.19 | 0.19 | 0.17 | 56 | Japan Equities | CRPA.L vs LGJG.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.30 | 0.20 | 0.25 | 70 | Technology Equities, S&P 500 | CRPA.L vs IITU.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.35 | 0.22 | 0.28 | 68 | Technology Equities, S&P 500 | CRPA.L vs IUIT.L | |
| iShares Core S&P 500 UCITS ETF | 0.43 | 0.31 | 0.31 | 82 | S&P 500 | CRPA.L vs CSP1.L |
See all 14 diversifiers for CRPA.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CRPA.L
Add CRPA.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CRPA.L