Looking to diversify beyond CRPS.L? The ETFs below have the lowest correlation with CRPS.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 CRPS.L.
Best Diversifiers for CRPS.L
11 ETFs have low correlation with CRPS.L (below 0.3), 1 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 -0.06, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.06 | 0.00 | 0.04 | 98 | Ultrashort Bond | CRPS.L vs ERNS.L | |
| iShares Bloomberg Roll Select Commodity Swap UCITS... | 0.00 | 0.11 | 0.08 | 83 | Commodities | CRPS.L vs ROLG.L | |
| iShares Core MSCI EM IMI UCITS ETF | 0.04 | 0.03 | 0.02 | 78 | Emerging Markets Equities | CRPS.L vs EIMI.L | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.08 | 0.06 | 0.07 | 87 | Emerging Markets Equities | CRPS.L vs EMIM.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.14 | 0.10 | 0.08 | 68 | Technology Equities, S&P 500 | CRPS.L vs IUIT.L |
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