Looking to diversify beyond FAHY.L? The ETFs below have the lowest correlation with FAHY.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 FAHY.L.
Best Diversifiers for FAHY.L
8 ETFs have low correlation with FAHY.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc (EQGB.L) (Nasdaq-100) with a 1Y correlation of 0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.04 | 0.01 | 0.04 | 64 | Nasdaq-100 | FAHY.L vs EQGB.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.06 | 0.04 | 0.11 | 97 | Corporate Bonds | FAHY.L vs ERNA.L | |
| iShares € High Yield Corp Bond ESG SRI UCITS ETF G... | 0.11 | 0.12 | — | 61 | High Yield Bonds | FAHY.L vs EHYG.L | |
| iShares Global High Yield Corp Bond UCITS ETF GBP ... | 0.11 | 0.11 | 0.17 | 54 | High Yield Bonds | FAHY.L vs GHYG.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.15 | 0.16 | 0.18 | 76 | High Yield Bonds | FAHY.L vs JHYP.L |
See all 33 diversifiers for FAHY.L
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Diversification Analysis
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