Looking to diversify beyond FLXB.L? The ETFs below have the lowest correlation with FLXB.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 FLXB.L.
Best Diversifiers for FLXB.L
5 ETFs have low correlation with FLXB.L (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO ETFs PLC - US Dollar Short Maturity UCITS ETF (MINT.L) (Global Equities) with a 1Y correlation of 0.05, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO ETFs PLC - US Dollar Short Maturity UCITS ET... | 0.05 | 0.03 | 0.02 | 99 | Global Equities | FLXB.L vs MINT.L | |
| Franklin Euro Short Maturity UCITS ETF | 0.11 | 0.06 | 0.03 | 87 | Global Equities | FLXB.L vs FLES.L | |
| Invesco Variable Rate Preferred Shares UCITS ETF U... | 0.23 | 0.26 | 0.28 | 65 | Global Equities | FLXB.L vs VPAC.L | |
| KraneShares ICBCCS SSE Star Market 50 Index UCITS ... | 0.27 | 0.21 | 0.21 | 84 | Global Equities | FLXB.L vs KSTR.L | |
| Franklin Global Quality Dividend UCITS ETF | 0.28 | 0.27 | 0.30 | 79 | Dividend | FLXB.L vs FLXX.L |
See all 22 diversifiers for FLXB.L
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