Looking to balance out your exposure to FERG.L? The ETFs below have the lowest correlation with FERG.L — they tend to move on their own, which can help reduce risk when FERG.L drops. The stock ideas table highlights individual companies that behave independently from FERG.L.
No Diversifiers Found for FERG.L
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FERG.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FERG.L and solid risk/return profiles. The least correlated is Aviva plc (AV.L) (Financial Services) with a 1Y correlation of 0.19, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Aviva plc | 0.19 | 0.22 | 0.27 | 63 | Financial Services |
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