Looking to diversify beyond FGQD.L? The ETFs below have the lowest correlation with FGQD.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 FGQD.L.
Best Diversifiers for FGQD.L
0 ETFs have low correlation with FGQD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.L) (Europe Equities) with a 1Y correlation of 0.32, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.32 | 0.39 | 0.50 | 80 | Europe Equities | FGQD.L vs FLXD.L | |
| Fidelity Sustainable USD EM Bond UCITS ETF Inc | 0.34 | 0.39 | 0.36 | 67 | Emerging Markets Bonds, ESG | FGQD.L vs FSEM.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.35 | 0.45 | 0.52 | 65 | Alternative Energy Equities, Global Equities | FGQD.L vs CHRG.L | |
| iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac... | 0.42 | 0.55 | 0.58 | 94 | Emerging Markets Equities | FGQD.L vs EMVL.L | |
| Scottish Mortgage Investment Trust plc | 0.42 | 0.57 | 0.58 | 79 | Global Equities | FGQD.L vs SMT.L |
See all 37 diversifiers for FGQD.L
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Diversification Analysis
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