Looking to diversify beyond EMGA.L? The ETFs below have the lowest correlation with EMGA.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 EMGA.L.
Best Diversifiers for EMGA.L
3 ETFs have low correlation with EMGA.L (below 0.3), 2 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of -0.13, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.13 | 0.12 | 0.20 | 81 | Commodities | EMGA.L vs WCOB.L | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.01 | 0.02 | 0.06 | 97 | Government Bonds, Ultrashort Bond | EMGA.L vs USFR.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.26 | 0.32 | 0.28 | 88 | Emerging Markets Bonds | EMGA.L vs UBXX.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.33 | 0.24 | 0.34 | 70 | Technology Equities, S&P 500 | EMGA.L vs IITU.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.35 | 0.43 | 0.46 | 59 | Emerging Markets Bonds | EMGA.L vs JMAB.L |
See all 32 diversifiers for EMGA.L
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