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
6 ETFs have low correlation with EMLP.L (below 0.3), 1 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 -0.03, down 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... | -0.03 | 0.09 | 0.10 | 99 | Global Equities | EMLP.L vs MINT.L | |
| PIMCO Sterling Short Maturity UCITS ETF | 0.12 | 0.07 | 0.02 | 99 | Global Equities | EMLP.L vs QUID.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | 0.12 | 0.05 | 0.03 | 100 | Global Equities | EMLP.L vs MIST.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.14 | 0.17 | 0.10 | 90 | Emerging Markets Bonds | EMLP.L vs UBXX.L | |
| PIMCO Advantage US Short-Term High Yield Corporate... | 0.17 | 0.09 | 0.03 | 80 | High Yield Bonds | EMLP.L vs STHS.L |
See all 25 diversifiers for EMLP.L
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