Looking to diversify beyond FEX.L? The ETFs below have the lowest correlation with FEX.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 FEX.L.
Best Diversifiers for FEX.L
0 ETFs have low correlation with FEX.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 0.45, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.45 | 0.51 | 0.53 | 80 | Health & Biotech Equities | FEX.L vs FBT.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.55 | 0.70 | 0.78 | 62 | Large Cap Blend Equities, Dividend | FEX.L vs USDV.L | |
| First Trust Eurozone AlphaDEX® UCITS ETF Class A S... | 0.58 | 0.52 | 0.59 | 76 | Europe Equities | FEX.L vs FEUZ.L | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.61 | 0.56 | 0.58 | 88 | Energy Equities | FEX.L vs QCLN.L | |
| iShares NASDAQ 100 UCITS ETF | 0.62 | 0.61 | 0.65 | 67 | Nasdaq-100 | FEX.L vs CNDX.L |
See all 60 diversifiers for FEX.L
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