Looking to diversify beyond ESEM.L? The ETFs below have the lowest correlation with ESEM.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 ESEM.L.
Best Diversifiers for ESEM.L
0 ETFs have low correlation with ESEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE EM High Dividend Low Volatility UCITS ETF (HDEM.L) (Emerging Markets Equities) with a 1Y correlation of 0.62, roughly unchanged from 0.67 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.62 | 0.69 | 0.67 | 74 | Emerging Markets Equities | ESEM.L vs HDEM.L | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.62 | 0.72 | 0.72 | 64 | Emerging Markets Equities | ESEM.L vs EMHD.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.62 | 0.54 | 0.53 | 81 | Global Equities | ESEM.L vs FWRG.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.65 | 0.74 | 0.73 | 63 | Emerging Markets Equities | ESEM.L vs SEDY.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.66 | 0.57 | 0.55 | 58 | Nasdaq-100 | ESEM.L vs EQGB.L |
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