Looking to diversify beyond EMDG.L? The ETFs below have the lowest correlation with EMDG.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 EMDG.L.
Best Diversifiers for EMDG.L
18 ETFs have low correlation with EMDG.L (below 0.3), 5 of which are negatively correlated. The least correlated is iShares China CNY Bond UCITS ETF GBP Hedged (Dist) (CYGB.L) (Emerging Markets Bonds) with a 1Y correlation of -0.14, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | -0.14 | -0.05 | 0.00 | 64 | Emerging Markets Bonds, Government Bonds | EMDG.L vs CYGB.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | -0.12 | -0.03 | -0.01 | 70 | Emerging Markets Bonds | EMDG.L vs JMBP.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | -0.07 | 0.05 | 0.03 | 91 | Emerging Markets Bonds | EMDG.L vs UBXX.L | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | -0.03 | -0.03 | 0.00 | 86 | Europe Equities | EMDG.L vs LDEG.L | |
| L&G UK Equity UCITS ETF | -0.01 | 0.02 | -0.03 | 55 | Europe Equities | EMDG.L vs LGUK.L |
See all 40 diversifiers for EMDG.L
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Diversification Analysis
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