Looking to diversify beyond LCCN.L? The ETFs below have the lowest correlation with LCCN.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 LCCN.L.
Best Diversifiers for LCCN.L
3 ETFs have low correlation with LCCN.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 0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.01 | -0.03 | -0.01 | 99 | Money Market | LCCN.L vs CSH2.L | |
| Xtrackers MSCI Europe Utilities ESG Screened UCITS... | 0.14 | 0.19 | 0.23 | 65 | Utilities Equities | LCCN.L vs XS6R.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.30 | 0.33 | 0.31 | 77 | Financials Equities | LCCN.L vs BNKE.L | |
| Amundi FTSE 100 UCITS ETF | 0.31 | 0.35 | 0.35 | 72 | Europe Equities | LCCN.L vs 100D.L | |
| iShares Edge MSCI Europe Multifactor UCITS | 0.36 | 0.35 | 0.36 | 80 | Europe Equities | LCCN.L vs FSEU.L |
See all 27 diversifiers for LCCN.L
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