Looking to balance out your exposure to FEML.L? The ETFs below have historically moved differently from FEML.L, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for FEML.L
2 ETFs have low correlation with FEML.L (below 0.3), 2 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) (IB01.L) (Government Bonds) with a 1Y correlation of -0.20, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | -0.20 | -0.07 | -0.09 | 100 | Government Bonds, Ultrashort Bond | FEML.L vs IB01.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | -0.05 | 0.12 | 0.16 | 54 | Infrastructure Equities, Utilities Equities, Global Equities | FEML.L vs INFR.L | |
| iShares MSCI World Quality Factor UCITS | 0.37 | 0.41 | 0.39 | 76 | Quality Factor, Global Equities | FEML.L vs IWFQ.L | |
| iShares MSCI World Small Cap UCITS ETF | 0.48 | 0.46 | 0.45 | 77 | Small Cap Blend Equities | FEML.L vs WLDS.L | |
| iShares Edge MSCI World Value Factor UCITS ETF | 0.51 | 0.48 | 0.44 | 96 | Global Equities | FEML.L vs IWFV.L |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for FEML.L, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Allianz Technology Trust PLC (ATT.L) (Financial Services) with a 1Y correlation of 0.48, roughly unchanged from 0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Allianz Technology Trust PLC | 0.48 | 0.45 | 0.43 | 86 | Financial Services | |
| Blackrock World Mining Trust plc | 0.50 | 0.46 | 0.45 | 85 | Financial Services |
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