Looking to balance out your exposure to EMG.L? The ETFs below have historically moved differently from EMG.L, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
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 0.37, down from 0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core FTSE 100 UCITS ETF (Dist) | 0.37 | 0.45 | 0.49 | 79 | Europe Equities | EMG.L vs ISF.L |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for EMG.L, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is BP plc (BP.L) (Energy) with a 1Y correlation of -0.16, down from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BP plc | -0.16 | 0.06 | 0.13 | 80 | Energy | |
| Rio Tinto PLC | 0.30 | 0.32 | 0.28 | 92 | Basic Materials | |
| Legal & General Group plc | 0.32 | 0.42 | 0.47 | 79 | Financial Services | |
| M&G plc | 0.41 | 0.43 | 0.46 | 94 | Financial Services | |
| Ashmore Group plc | 0.43 | 0.44 | 0.48 | 69 | Financial Services |
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