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 VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.04, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.04 | 0.26 | 0.32 | 95 | Global Equities, Dividend | FLRK.L vs TDGB.L | |
| Franklin European Quality Dividend UCITS ETF | 0.06 | 0.20 | 0.28 | 80 | Europe Equities | FLRK.L vs FLXD.L | |
| Xtrackers Stoxx Global Select Dividend 100 Swap UC... | 0.31 | 0.39 | 0.44 | 96 | Global Equity Income | FLRK.L vs XGSD.L | |
| Franklin FTSE Brazil UCITS ETF | 0.36 | 0.33 | 0.32 | 58 | Latin America Equities | FLRK.L vs FVUB.L | |
| iShares MSCI Brazil UCITS ETF (Dist) | 0.37 | 0.34 | 0.33 | 52 | Latin America Equities | FLRK.L vs IBZL.L |
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