Looking to diversify beyond CXAP.L? The ETFs below have the lowest correlation with CXAP.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 CXAP.L.
Best Diversifiers for CXAP.L
7 ETFs have low correlation with CXAP.L (below 0.3), 5 of which are negatively correlated. The least correlated is UBS S&P 500 Scored & Screened UCITS ETF GBP Dist (5ESG.L) (S&P 500) with a 1Y correlation of -0.17, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | -0.17 | -0.00 | 0.06 | 78 | S&P 500 | CXAP.L vs 5ESG.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | -0.06 | 0.12 | 0.20 | 54 | Europe Equities | CXAP.L vs UC63.L | |
| UBS ETF (IE) Factor MSCI USA Quality UCITS ETF (US... | -0.05 | 0.10 | 0.12 | 68 | Large Cap Blend Equities | CXAP.L vs UC99.L | |
| UBS Core MSCI World UCITS ETF USD Acc | -0.04 | — | — | 83 | Global Equities | CXAP.L vs WRDA.L | |
| UBS ETF (IE) S&P 500 ESG UCITS ETF USD A-dis | -0.01 | — | — | 87 | S&P 500 | CXAP.L vs S5SD.L |
See all 31 diversifiers for CXAP.L
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