Looking to diversify beyond EMLB.L? The ETFs below have the lowest correlation with EMLB.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 EMLB.L.
Best Diversifiers for EMLB.L
9 ETFs have low correlation with EMLB.L (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) (Global Equities) with a 1Y correlation of 0.00, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO ETFs PLC - US Dollar Short Maturity UCITS ET... | 0.00 | 0.09 | 0.11 | 99 | Global Equities | EMLB.L vs MINT.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.06 | 0.03 | 0.01 | 64 | Emerging Markets Bonds, Government Bonds | EMLB.L vs CYGB.L | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.06 | 0.11 | 0.09 | 56 | Global Bonds | EMLB.L vs IRCP.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | 0.08 | 0.03 | 0.03 | 100 | Global Equities | EMLB.L vs MIST.L | |
| iShares $ Corp Bond Interest Rate Hedged UCITS ETF... | 0.16 | 0.18 | 0.22 | 62 | Global Bonds | EMLB.L vs LQDH.L |
See all 27 diversifiers for EMLB.L
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