Looking to diversify beyond KLMG.L? The ETFs below have the lowest correlation with KLMG.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 KLMG.L.
Best Diversifiers for KLMG.L
7 ETFs have low correlation with KLMG.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.08, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.08 | 0.05 | 0.06 | 99 | Money Market | KLMG.L vs CSH2.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.17 | 0.10 | 0.05 | 82 | S&P 500 | KLMG.L vs 500G.L | |
| Amundi Nasdaq-100 UCITS USD | 0.19 | 0.11 | 0.09 | 76 | Nasdaq-100 | KLMG.L vs ANXU.L | |
| Lyxor MSCI All Country World UCITS ETF | 0.21 | 0.05 | 0.02 | 87 | Global Equities | KLMG.L vs ACWL.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.25 | 0.05 | -0.06 | 55 | Financials Equities | KLMG.L vs BNKE.L |
See all 9 diversifiers for KLMG.L
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