Looking to diversify beyond CSPE.L? The ETFs below have the lowest correlation with CSPE.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 CSPE.L.
Best Diversifiers for CSPE.L
10 ETFs have low correlation with CSPE.L (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.L) (Technology Equities) with a 1Y correlation of -0.12, down from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Information Technology UCITS ... | -0.12 | 0.03 | — | 68 | Technology Equities | CSPE.L vs XDWT.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.01 | 0.02 | — | 75 | S&P 500 | CSPE.L vs SPY5.L | |
| SPDR S&P 500 UCITS ETF | 0.01 | 0.03 | — | 83 | S&P 500 | CSPE.L vs SPX5.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.02 | — | — | 74 | S&P 500 | CSPE.L vs SPYL.L | |
| SPDR MSCI ACWI UCITS ETF | 0.09 | 0.09 | — | 86 | Global Equities | CSPE.L vs ACWI.L |
See all 10 diversifiers for CSPE.L
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