Looking to diversify beyond LCRP.L? The ETFs below have the lowest correlation with LCRP.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 LCRP.L.
Best Diversifiers for LCRP.L
10 ETFs have low correlation with LCRP.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.02 | 0.04 | 0.03 | 97 | Corporate Bonds | LCRP.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.06 | 0.14 | 0.17 | 98 | Corporate Bonds | LCRP.L vs ERNA.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.20 | 0.23 | 0.10 | 75 | Small Cap Value Equities | LCRP.L vs USSC.L | |
| iShares USD Corporate Bond 0-3yr ESG UCITS ETF USD... | 0.21 | 0.35 | 0.32 | 93 | Corporate Bonds | LCRP.L vs SUSU.L | |
| SPDR S&P 500 UCITS ETF USD Acc | 0.26 | — | — | 74 | S&P 500 | LCRP.L vs SPYL.L |
See all 14 diversifiers for LCRP.L
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