Looking to diversify beyond FLUC.L? The ETFs below have the lowest correlation with FLUC.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 FLUC.L.
Best Diversifiers for FLUC.L
6 ETFs have low correlation with FLUC.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.03 | -0.01 | 0.01 | 97 | Corporate Bonds | FLUC.L vs FLOA.L | |
| Franklin European Quality Dividend UCITS ETF | 0.10 | 0.14 | 0.04 | 86 | Europe Equities | FLUC.L vs FRXD.L | |
| Franklin Euro Short Maturity UCITS ETF | 0.15 | 0.10 | 0.13 | 87 | Global Equities | FLUC.L vs FLES.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.16 | 0.13 | 0.17 | 97 | Corporate Bonds | FLUC.L vs ERNA.L | |
| Franklin FTSE Brazil UCITS ETF | 0.26 | 0.27 | 0.17 | 55 | Global Equities | FLUC.L vs FLXB.L |
See all 14 diversifiers for FLUC.L
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