Looking to diversify beyond EMDL.L? The ETFs below have the lowest correlation with EMDL.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 EMDL.L.
Best Diversifiers for EMDL.L
3 ETFs have low correlation with EMDL.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF hGBP dis (UBXX.L) (Emerging Markets Bonds) with a 1Y correlation of 0.20, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.20 | 0.25 | 0.20 | 88 | Emerging Markets Bonds | EMDL.L vs UBXX.L | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.23 | 0.23 | 0.17 | 75 | Small Cap Value Equities | EMDL.L vs USSC.L | |
| iShares MSCI UK UCITS ETF (Acc) | 0.23 | 0.23 | 0.16 | 54 | Europe Equities | EMDL.L vs CSUK.L | |
| Amundi Japan Topix UCITS ETF JPY | 0.35 | 0.20 | 0.17 | 57 | Japan Equities | EMDL.L vs TPXG.L | |
| Invesco MSCI USA UCITS ETF | 0.38 | 0.28 | 0.23 | 74 | Large Cap Blend Equities | EMDL.L vs MXUS.L |
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