Looking to diversify beyond FBTU.L? The ETFs below have the lowest correlation with FBTU.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 FBTU.L.
Best Diversifiers for FBTU.L
6 ETFs have low correlation with FBTU.L (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) (Health & Biotech Equities) with a 1Y correlation of -0.11, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.11 | 0.09 | 0.14 | 56 | Health & Biotech Equities, Equal Weight | FBTU.L vs WELP.DE | |
| First Trust Morningstar Dividend Leaders Index Fun... | 0.15 | 0.28 | 0.28 | 72 | Large Cap Value Equities, Dividend | FBTU.L vs FDL | |
| First Trust Nasdaq Semiconductor ETF | 0.23 | 0.26 | 0.29 | 97 | Semiconductors, Technology Equities | FBTU.L vs FTXL | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.26 | 0.34 | 0.40 | 96 | South Korea Equities, Asia Pacific Equities | FBTU.L vs CSKR.L | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 0.26 | 0.33 | 0.35 | 68 | Alternative Energy Equities | FBTU.L vs GRID |
See all 38 diversifiers for FBTU.L
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