Looking to diversify beyond 0FLE.L? The ETFs below have the lowest correlation with 0FLE.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 0FLE.L.
Best Diversifiers for 0FLE.L
17 ETFs have low correlation with 0FLE.L (below 0.3), 14 of which are negatively correlated. The least correlated is WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) (Government Bonds) with a 1Y correlation of -0.05, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.05 | -0.04 | -0.04 | 87 | Government Bonds, Ultrashort Bond | 0FLE.L vs USFR.L | |
| iShares USD Treasury Bond 0-3 Month UCITS ETF USD ... | -0.05 | — | — | 99 | Ultrashort Bond | 0FLE.L vs U03A.L | |
| JPM BetaBuilders US Treasury Bond 0-3 Months UCITS... | -0.05 | -0.04 | -0.03 | 99 | Ultrashort Bond | 0FLE.L vs BB3M.L | |
| JPMorgan USD Ultra-Short Income Active UCITS ETF U... | -0.05 | -0.04 | -0.03 | 99 | Ultrashort Bond | 0FLE.L vs JPSA.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | -0.04 | -0.03 | -0.03 | 99 | Government Bonds, Ultrashort Bond | 0FLE.L vs VDST.L |
See all 17 diversifiers for 0FLE.L
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Diversification Analysis
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