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
6 ETFs have low correlation with EMLI.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 0.01, roughly unchanged from 0.10 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... | 0.01 | 0.07 | 0.10 | 99 | Global Equities | EMLI.L vs MINT.L | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.02 | 0.17 | 0.20 | 51 | Emerging Markets Bonds | EMLI.L vs SEMC.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | 0.03 | 0.00 | 0.00 | 100 | Global Equities | EMLI.L vs MIST.L | |
| iShares China CNY Bond UCITS ETF GBP Hedged (Dist) | 0.06 | 0.05 | 0.03 | 64 | Emerging Markets Bonds, Government Bonds | EMLI.L vs CYGB.L | |
| PIMCO Sterling Short Maturity UCITS ETF | 0.07 | 0.03 | 0.02 | 99 | Global Equities | EMLI.L vs QUID.L |
See all 27 diversifiers for EMLI.L
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Diversification Analysis
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