Looking to diversify beyond LCPE.L? The ETFs below have the lowest correlation with LCPE.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 LCPE.L.
Best Diversifiers for LCPE.L
1 ETFs have low correlation with LCPE.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) (Europe Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.27 | 0.25 | 0.25 | 99 | Europe Equities | LCPE.L vs JRDZ.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.43 | 0.35 | 0.31 | 62 | Europe Equities | LCPE.L vs SPOL.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.44 | 0.30 | 0.25 | 90 | Europe Equities | LCPE.L vs UD03.L | |
| Amundi ETF MSCI Spain UCITS ETF EUR (C) | 0.45 | 0.42 | 0.36 | 67 | Europe Equities | LCPE.L vs CS1.L | |
| iShares FTSE MIB UCITS ETF EUR (Dist) | 0.49 | 0.43 | 0.35 | 54 | Europe Equities | LCPE.L vs IMIB.L |
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