Looking to diversify beyond FCSG.L? The ETFs below have the lowest correlation with FCSG.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 FCSG.L.
Best Diversifiers for FCSG.L
19 ETFs have low correlation with FCSG.L (below 0.3), 2 of which are negatively correlated. The least correlated is First Trust Nasdaq Clean Edge Green Energy UCITS ETF Acc (QCLN.L) (Energy Equities) with a 1Y correlation of -0.03, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | -0.03 | 0.17 | 0.27 | 90 | Energy Equities | FCSG.L vs QCLN.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | -0.00 | 0.19 | 0.30 | 65 | Alternative Energy Equities, Global Equities | FCSG.L vs CHRG.L | |
| First Trust US IPO Index UCITS ETF | 0.04 | 0.26 | 0.37 | 54 | Large Cap Growth Equities | FCSG.L vs FPX.L | |
| L&G Battery Value-Chain UCITS ETF | 0.05 | 0.23 | 0.36 | 95 | Alternative Energy Equities, Global Equities | FCSG.L vs BATG.L | |
| Scottish Mortgage Investment Trust plc | 0.11 | 0.27 | 0.38 | 79 | Global Equities | FCSG.L vs SMT.L |
See all 96 diversifiers for FCSG.L
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Diversification Analysis
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