Looking to diversify beyond CSPX.AS? The ETFs below have the lowest correlation with CSPX.AS — 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 CSPX.AS.
Best Diversifiers for CSPX.AS
2 ETFs have low correlation with CSPX.AS (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD TIPS 0-5 UCITS ETF USD Accumulating (TI5A.AS) (Inflation-Protected Bonds) with a 1Y correlation of -0.08, roughly unchanged from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD TIPS 0-5 UCITS ETF USD Accumulating | -0.08 | 0.01 | — | 74 | Inflation-Protected Bonds | CSPX.AS vs TI5A.AS | |
| iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 0.00 | 0.05 | 0.06 | 61 | Emerging Markets Bonds | CSPX.AS vs CYBU.AS | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.34 | 0.41 | 0.54 | 87 | Global Equity Income | CSPX.AS vs TDIV.AS | |
| iShares MSCI EM Latin America UCITS ETF USD (Dist) | 0.40 | 0.36 | 0.37 | 58 | Latin America Equities | CSPX.AS vs LTAM.AS | |
| iShares Copper Miners UCITS ETF | 0.44 | — | — | 80 | Commodity Producers Equities | CSPX.AS vs COPM.AS |
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