Looking to diversify beyond E127.L? The ETFs below have the lowest correlation with E127.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 E127.L.
Best Diversifiers for E127.L
1 ETFs have low correlation with E127.L (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc (CSH2.L) (Money Market) with a 1Y correlation of -0.05, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | -0.05 | -0.07 | -0.03 | 99 | Money Market | E127.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.38 | 0.48 | 0.48 | 72 | Europe Equities | E127.L vs 100D.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.39 | 0.40 | 0.38 | 77 | Financials Equities | E127.L vs BNKE.L | |
| Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc | 0.49 | 0.51 | 0.51 | 63 | Europe Equities | E127.L vs MEUD.L | |
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.56 | 0.63 | 0.62 | 76 | Emerging Markets Equities | E127.L vs HDEM.L |
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