Looking to diversify beyond EMAG.L? The ETFs below have the lowest correlation with EMAG.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 EMAG.L.
Best Diversifiers for EMAG.L
11 ETFs have low correlation with EMAG.L (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Europe ex-UK Quality Dividends Equal Weight ETF EUR Dis (LDEU.L) (Europe Equities) with a 1Y correlation of -0.11, roughly unchanged from -0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Europe ex-UK Quality Dividends Equal Weight ET... | -0.11 | -0.11 | — | 90 | Europe Equities | EMAG.L vs LDEU.L | |
| L&G Hydrogen Economy UCITS ETF | 0.04 | -0.01 | — | 68 | Alternative Energy Equities | EMAG.L vs HTWG.L | |
| L&G Emerging Markets Quality Dividends Equal Weigh... | 0.09 | 0.13 | — | 73 | Emerging Markets Equities | EMAG.L vs LDME.L | |
| L&G All Commodities UCITS ETF - USD Accumulating E... | 0.11 | 0.19 | — | 59 | Commodities | EMAG.L vs BCOM.L | |
| L&G Pharma Breakthrough UCITS ETF - USD Accumulati... | 0.11 | 0.05 | — | 67 | Health & Biotech Equities | EMAG.L vs BIOT.L |
See all 17 diversifiers for EMAG.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EMAG.L
Add EMAG.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMAG.L