Looking to diversify beyond XCO2.L? The ETFs below have the lowest correlation with XCO2.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 XCO2.L.
Best Diversifiers for XCO2.L
9 ETFs have low correlation with XCO2.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.05 | — | — | 99 | Money Market | XCO2.L vs CSH2.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.16 | 0.14 | 0.14 | 55 | Financials Equities | XCO2.L vs BNKE.L | |
| Lyxor MSCI All Country World UCITS ETF | 0.18 | — | — | 87 | Global Equities | XCO2.L vs ACWL.L | |
| Amundi FTSE 100 UCITS ETF | 0.18 | 0.18 | 0.18 | 55 | Europe Equities | XCO2.L vs 100D.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.19 | — | — | 75 | S&P 500 | XCO2.L vs 500U.L |
See all 9 diversifiers for XCO2.L
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Diversification Analysis
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