Looking to diversify beyond EMGB.L? The ETFs below have the lowest correlation with EMGB.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 EMGB.L.
Best Diversifiers for EMGB.L
5 ETFs have low correlation with EMGB.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.01 | 0.05 | 0.05 | 98 | Ultrashort Bond | EMGB.L vs ERNS.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.18 | 0.25 | 0.21 | 88 | Emerging Markets Bonds | EMGB.L vs UBXX.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.23 | 0.27 | 0.24 | 60 | Emerging Markets Bonds | EMGB.L vs JMBP.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.27 | 0.29 | 0.27 | 91 | Global Equities, Dividend | EMGB.L vs TDGB.L | |
| VanEck Semiconductor UCITS ETF | 0.27 | 0.19 | 0.16 | 97 | Semiconductors, Technology Equities | EMGB.L vs SMGB.L |
See all 21 diversifiers for EMGB.L
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Diversification Analysis
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