Looking to diversify beyond EMCA.L? The ETFs below have the lowest correlation with EMCA.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 EMCA.L.
Best Diversifiers for EMCA.L
5 ETFs have low correlation with EMCA.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares € Corp Bond Interest Rate Hedged ESG SRI UCITS ETF EUR (Dist) (IRCP.L) (Global Bonds) with a 1Y correlation of 0.12, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.12 | 0.23 | 0.30 | 56 | Global Bonds | EMCA.L vs IRCP.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.16 | 0.21 | 0.29 | 64 | Emerging Markets Bonds, Government Bonds | EMCA.L vs CYGB.L | |
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | 0.18 | 0.26 | 0.33 | 94 | Global Bonds | EMCA.L vs SGSU.L | |
| First Trust Low Duration Global Government Bond UC... | 0.20 | 0.26 | 0.33 | 71 | Global Bonds | EMCA.L vs FGOV.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | 0.22 | 0.16 | 0.21 | 66 | Global Bonds | EMCA.L vs HLQD.L |
See all 14 diversifiers for EMCA.L
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Diversification Analysis
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