Looking to diversify beyond BLOK.L? The ETFs below have the lowest correlation with BLOK.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 BLOK.L.
Best Diversifiers for BLOK.L
5 ETFs have low correlation with BLOK.L (below 0.3), 1 of which are negatively correlated. The least correlated is First Trust FactorFX UCITS ETF Class A USD (FTFX.L) (Global Equities) with a 1Y correlation of -0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust FactorFX UCITS ETF Class A USD | -0.02 | 0.05 | 0.20 | 65 | Global Equities | BLOK.L vs FTFX.L | |
| First Trust US Equity Income UCITS ETF | 0.16 | 0.40 | 0.53 | 81 | Dividend | BLOK.L vs UINC.L | |
| First Trust Low Duration Global Government Bond UC... | 0.17 | 0.16 | 0.10 | 71 | Global Bonds | BLOK.L vs FGOV.L | |
| First Trust US Equity Income UCITS ETF Class B | 0.27 | 0.43 | 0.54 | 72 | Dividend | BLOK.L vs UNCU.L | |
| First Trust US Equity Income UCITS ETF | 0.29 | 0.44 | 0.54 | 78 | Dividend | BLOK.L vs UIND.L |
See all 38 diversifiers for BLOK.L
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