Looking to diversify beyond EMCR.L? The ETFs below have the lowest correlation with EMCR.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 EMCR.L.
Best Diversifiers for EMCR.L
3 ETFs have low correlation with EMCR.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares $ Corp Bond Interest Rate Hedged UCITS ETF (HLQD.L) (Global Bonds) with a 1Y correlation of 0.14, roughly unchanged from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | 0.14 | 0.13 | 0.21 | 66 | Global Bonds | EMCR.L vs HLQD.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.24 | 0.26 | 0.26 | 64 | Emerging Markets Bonds, Government Bonds | EMCR.L vs CYGB.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.27 | 0.27 | 0.29 | 56 | Global Bonds | EMCR.L vs IRCP.L | |
| First Trust Low Duration Global Government Bond UC... | 0.30 | 0.32 | 0.30 | 71 | Global Bonds | EMCR.L vs FGOV.L | |
| iShares NASDAQ 100 UCITS ETF | 0.30 | 0.26 | 0.31 | 61 | Nasdaq-100 | EMCR.L vs CNDX.L |
See all 14 diversifiers for EMCR.L
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