Looking to diversify beyond EMLI.L? The ETFs below have the lowest correlation with EMLI.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 EMLI.L.
Best Diversifiers for EMLI.L
5 ETFs have low correlation with EMLI.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L) (Emerging Markets Bonds) with a 1Y correlation of 0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.03 | 0.18 | 0.21 | 57 | Emerging Markets Bonds | EMLI.L vs SEMC.L | |
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | 0.06 | 0.19 | 0.22 | 55 | Emerging Markets Bonds | EMLI.L vs EMDG.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.07 | 0.24 | 0.29 | 57 | High Yield Bonds | EMLI.L vs SSHY.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.19 | 0.23 | 0.17 | 89 | Emerging Markets Bonds | EMLI.L vs UBXX.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.27 | 0.22 | 0.19 | 63 | Emerging Markets Bonds | EMLI.L vs JMBP.L |
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