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
2 ETFs have low correlation with FBTU.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust Morningstar Dividend Leaders Index Fund (FDL) (Large Cap Value Equities) with a 1Y correlation of 0.15, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Morningstar Dividend Leaders Index Fun... | 0.15 | 0.27 | 0.28 | 77 | Large Cap Value Equities, Dividend | FBTU.L vs FDL | |
| First Trust Nasdaq Semiconductor ETF | 0.29 | 0.28 | 0.30 | 97 | Semiconductors, Technology Equities | FBTU.L vs FTXL | |
| iShares AI Infrastructure UCITS ETF USD Accumulati... | 0.31 | — | — | 97 | Technology Equities | FBTU.L vs AINF.L | |
| iShares MSCI Korea UCITS ETF (Acc) | 0.31 | 0.32 | 0.36 | 97 | Asia Pacific Equities | FBTU.L vs CSKR.L | |
| First Trust NASDAQ Technology Dividend Index Fund | 0.32 | 0.31 | 0.31 | 82 | Technology Equities, Dividend | FBTU.L vs TDIV |
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