Looking to diversify beyond FEM.L? The ETFs below have the lowest correlation with FEM.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 FEM.L.
Best Diversifiers for FEM.L
1 ETFs have low correlation with FEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is First Trust NYSE Arca Biotechnology UCITS ETF Acc (FBT.L) (Health & Biotech Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.26 | 0.18 | 0.17 | 56 | Health & Biotech Equities | FEM.L vs FBT.L | |
| First Trust US IPO Index UCITS ETF | 0.41 | 0.36 | 0.39 | 54 | Large Cap Growth Equities | FEM.L vs FPX.L | |
| First Trust Indxx Innovative Transaction & Process... | 0.48 | 0.59 | 0.58 | 80 | Technology Equities | FEM.L vs BLOK.L | |
| Amundi Index MSCI Emerging Markets SRI PAB UCITS E... | 0.51 | 0.41 | 0.39 | 85 | Emerging Markets Equities | FEM.L vs MSDG.L | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.58 | 0.49 | 0.44 | 90 | Energy Equities | FEM.L vs QCLN.L |
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