Looking to diversify beyond EMLO.L? The ETFs below have the lowest correlation with EMLO.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 EMLO.L.
Best Diversifiers for EMLO.L
5 ETFs have low correlation with EMLO.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-acc (UC15.L) (Commodities) with a 1Y correlation of 0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (IE) CMCI Composite SF UCITS ETF (USD) A-a... | 0.01 | 0.18 | 0.21 | 71 | Commodities | EMLO.L vs UC15.L | |
| UBS S&P 500 Scored & Screened UCITS ETF GBP Dist | 0.10 | 0.04 | -0.02 | 79 | S&P 500 | EMLO.L vs 5ESG.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.15 | 0.23 | 0.15 | 88 | Emerging Markets Bonds | EMLO.L vs UBXX.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.19 | 0.24 | 0.17 | 60 | Emerging Markets Bonds | EMLO.L vs JMBP.L | |
| UBS ETF (LU) MSCI UK UCITS ETF (GBP) A-dis | 0.19 | 0.19 | 0.12 | 55 | Europe Equities | EMLO.L vs UC63.L |
See all 28 diversifiers for EMLO.L
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