Looking to diversify beyond EMVL.L? The ETFs below have the lowest correlation with EMVL.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 EMVL.L.
Best Diversifiers for EMVL.L
3 ETFs have low correlation with EMVL.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) (Government Bonds) with a 1Y correlation of 0.12, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | 0.12 | 0.06 | 0.05 | 83 | Government Bonds, Short-Term Bond | EMVL.L vs IBTA.L | |
| iShares USD Corporate Bond 0-3yr ESG UCITS ETF USD... | 0.16 | 0.16 | 0.17 | 90 | Corporate Bonds | EMVL.L vs SUSU.L | |
| SPDR MSCI World Financials UCITS ETF | 0.29 | 0.41 | 0.43 | 53 | Financials Equities | EMVL.L vs FNCW.L | |
| iShares USD Short Duration High Yield Corporate Bo... | 0.32 | 0.37 | 0.45 | 71 | High Yield Bonds | EMVL.L vs SDHA.L | |
| Lyxor EURO STOXX Banks (DR) UCITS ETF - Acc | 0.38 | 0.40 | 0.38 | 73 | Financials Equities | EMVL.L vs BNKE.L |
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