Looking to diversify beyond FLRK.L? The ETFs below have the lowest correlation with FLRK.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 FLRK.L.
Best Diversifiers for FLRK.L
2 ETFs have low correlation with FLRK.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 0.04, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.04 | 0.23 | 0.29 | 80 | Europe Equities | FLRK.L vs FLXD.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.08 | 0.29 | 0.33 | 91 | Global Equities, Dividend | FLRK.L vs TDGB.L | |
| Xtrackers Stoxx Global Select Dividend 100 Swap UC... | 0.31 | 0.41 | 0.45 | 95 | Global Equity Income | FLRK.L vs XGSD.L | |
| Lyxor MSCI Pacific Ex Japan UCITS ETF | 0.35 | 0.26 | 0.26 | 65 | Asia Pacific Equities | FLRK.L vs PAXJ.L | |
| WisdomTree Strategic Metals and Rare Earths Miners... | 0.36 | — | — | 82 | Commodity Producers Equities | FLRK.L vs WREE.L |
See all 43 diversifiers for FLRK.L
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