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
1 ETFs have low correlation with FEX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA ESG UCITS ETF 1D (XZMD.L) (Large Cap Blend Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.31 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.26 | 0.31 | — | 94 | Large Cap Blend Equities | FEX.L vs XZMD.L | |
| Lyxor UCITS Dow Jones Industrial Average D-EUR | 0.51 | 0.53 | 0.62 | 70 | Large Cap Blend Equities | FEX.L vs DJEU.L | |
| Fidelity US Quality Income ETF Acc | 0.54 | 0.76 | 0.84 | 75 | Large Cap Blend Equities, Dividend | FEX.L vs FUQA.L | |
| First Trust Eurozone AlphaDEX® UCITS ETF Class A S... | 0.54 | 0.43 | 0.46 | 69 | Europe Equities | FEX.L vs FEUZ.L | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.60 | 0.57 | 0.58 | 91 | Energy Equities | FEX.L vs QCLN.L |
See all 65 diversifiers for FEX.L
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