Looking to diversify beyond FGQI.L? The ETFs below have the lowest correlation with FGQI.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 FGQI.L.
Best Diversifiers for FGQI.L
0 ETFs have low correlation with FGQI.L (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Emerging Markets Quality Income UCITS ETF (FEMQ.L) (Emerging Markets Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Emerging Markets Quality Income UCITS ETF | 0.41 | 0.50 | 0.49 | 93 | Emerging Markets Equities | FGQI.L vs FEMQ.L | |
| Fidelity Emerging Markets Quality Income UCITS ETF | 0.42 | 0.49 | 0.48 | 93 | Emerging Markets Equities | FGQI.L vs FEMD.L | |
| Fidelity US Quality Income ETF Acc | 0.52 | 0.68 | 0.78 | 76 | Large Cap Blend Equities, Dividend | FGQI.L vs FUQA.L | |
| Xtrackers Stoxx Global Select Dividend 100 Swap UC... | 0.56 | 0.59 | 0.66 | 95 | Global Equity Income | FGQI.L vs XGSD.L | |
| iShares UK Dividend UCITS ETF | 0.56 | 0.57 | 0.66 | 61 | Dividend | FGQI.L vs IUKD.L |
See all 12 diversifiers for FGQI.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements FGQI.L
Add FGQI.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FGQI.L