Looking to balance out your exposure to EMG.L? The ETFs below have the lowest correlation with EMG.L — they tend to move on their own, which can help reduce risk when EMG.L drops. The stock ideas table highlights individual companies that behave independently from EMG.L.
Best Diversifiers for EMG.L
0 ETFs have low correlation with EMG.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core FTSE 100 UCITS ETF (Dist) (ISF.L) (Europe Equities) with a 1Y correlation of 0.39, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core FTSE 100 UCITS ETF (Dist) | 0.39 | 0.45 | 0.49 | 56 | Europe Equities | EMG.L vs ISF.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from EMG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to EMG.L and solid risk/return profiles. The least correlated is BP plc (BP.L) (Energy) with a 1Y correlation of -0.10, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP plc | -0.10 | 0.12 | 0.16 | 87 | Energy | |
| Rio Tinto PLC | 0.31 | 0.31 | 0.28 | 96 | Basic Materials | |
| Legal & General Group plc | 0.34 | 0.43 | 0.48 | 63 | Financial Services | |
| Ashmore Group plc | 0.42 | 0.44 | 0.48 | 74 | Financial Services | |
| M&G plc | 0.43 | 0.44 | 0.46 | 88 | Financial Services |
Build a portfolio that complements EMG.L
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