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
2 ETFs have low correlation with EMLI.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan USD Emerging Markets Sovereign Bond UCITS ETF GBP Hedged (dist) (JMBP.L) (Emerging Markets Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.23 | 0.21 | 0.19 | 60 | Emerging Markets Bonds | EMLI.L vs JMBP.L | |
| Vanguard USD Emerging Markets Government Bond UCIT... | 0.29 | 0.39 | 0.39 | 52 | Emerging Markets Bonds | EMLI.L vs VEMA.L | |
| UBS ETF (LU) Bloomberg USD Emerging Markets Sovere... | 0.32 | 0.42 | 0.42 | 71 | Emerging Markets Bonds | EMLI.L vs SBEM.L | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.33 | 0.42 | 0.42 | 77 | Emerging Markets Bonds | EMLI.L vs SEMB.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.34 | 0.43 | 0.43 | 59 | Emerging Markets Bonds | EMLI.L vs JMAB.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EMLI.L
Add EMLI.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMLI.L