Looking to diversify beyond EMHG.L? The ETFs below have the lowest correlation with EMHG.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 EMHG.L.
Best Diversifiers for EMHG.L
5 ETFs have low correlation with EMHG.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares $ Corp Bond Interest Rate Hedged UCITS ETF (HLQD.L) (Global Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF | -0.09 | -0.20 | -0.17 | 66 | Global Bonds | EMHG.L vs HLQD.L | |
| iShares $ Short Duration Corp Bond UCITS ETF USD (... | -0.07 | -0.12 | -0.16 | 83 | Global Bonds | EMHG.L vs SDIG.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.04 | 0.02 | 0.04 | 64 | Emerging Markets Bonds, Government Bonds | EMHG.L vs CYGB.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.10 | 0.04 | 0.08 | 56 | Global Bonds | EMHG.L vs IRCP.L | |
| iShares $ Corp Bond 0-3yr ESG SRI UCITS ETF GBP He... | 0.23 | 0.35 | 0.35 | 94 | Global Bonds | EMHG.L vs SGSU.L |
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