Looking to diversify beyond NASD.L? The ETFs below have the lowest correlation with NASD.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 NASD.L.
Best Diversifiers for NASD.L
1 ETFs have low correlation with NASD.L (below 0.3), 0 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 0.23, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.23 | 0.19 | 0.26 | 99 | Money Market | NASD.L vs CSH2.L | |
| Amundi FTSE 100 UCITS ETF | 0.41 | 0.41 | 0.48 | 55 | Europe Equities | NASD.L vs 100D.L | |
| Amundi MSCI Em Latin America | 0.46 | 0.35 | 0.28 | 55 | Latin America Equities | NASD.L vs ALAU.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.48 | 0.39 | 0.42 | 55 | Financials Equities | NASD.L vs BNKE.L | |
| Global X NASDAQ 100 Covered Call UCITS ETF Dis GBP | 0.54 | 0.59 | — | 71 | Nasdaq-100, Options Trading | NASD.L vs QYLP.L |
See all 43 diversifiers for NASD.L
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