Looking to diversify beyond EMLP.L? The ETFs below have the lowest correlation with EMLP.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 EMLP.L.
Best Diversifiers for EMLP.L
2 ETFs have low correlation with EMLP.L (below 0.3), 0 of which are negatively correlated. The least correlated is UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF hGBP dis (UBXX.L) (Emerging Markets Bonds) with a 1Y correlation of 0.14, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.14 | 0.16 | 0.10 | 89 | Emerging Markets Bonds | EMLP.L vs UBXX.L | |
| JPMorgan USD Emerging Markets Sovereign Bond UCITS... | 0.15 | 0.14 | 0.10 | 63 | Emerging Markets Bonds | EMLP.L vs JMBP.L | |
| L&G China CNY Bond UCITS ETF | 0.31 | 0.34 | 0.36 | 89 | Emerging Markets Bonds | EMLP.L vs DRGN.L | |
| Xtrackers II USD Emerging Markets Bond UCITS ETF 2... | 0.36 | 0.40 | 0.42 | 75 | Emerging Markets Bonds | EMLP.L vs XUEB.L | |
| Invesco Emerging Markets USD Bond UCITS ETF Dist | 0.40 | 0.41 | 0.40 | 56 | Emerging Markets Bonds | EMLP.L vs PEMD.L |
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