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
3 ETFs have low correlation with KLMG.L (below 0.3), 0 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 0.03, roughly unchanged from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.03 | 0.06 | 0.08 | 99 | Money Market | KLMG.L vs CSH2.L | |
| Lyxor S&P 500 UCITS ETF - Acc | 0.23 | 0.13 | 0.06 | 72 | S&P 500 | KLMG.L vs SP5L.L | |
| Amundi Nasdaq-100 UCITS USD | 0.25 | 0.12 | 0.09 | 61 | Nasdaq-100 | KLMG.L vs ANXU.L | |
| Amundi Prime All Country World UCITS ETF Income | 0.33 | — | — | 83 | Global Equities | KLMG.L vs PACW.L | |
| Amundi MSCI World UCITS USD | 0.33 | 0.19 | 0.10 | 77 | Global Equities | KLMG.L vs CW8G.L |
See all 11 diversifiers for KLMG.L
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Diversification Analysis
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