Looking to diversify beyond FLXC.L? The ETFs below have the lowest correlation with FLXC.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 FLXC.L.
Best Diversifiers for FLXC.L
3 ETFs have low correlation with FLXC.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR MSCI Europe Utilities UCITS ETF (UTIL.L) (Utilities Equities) with a 1Y correlation of 0.11, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR MSCI Europe Utilities UCITS ETF | 0.11 | 0.17 | 0.25 | 83 | Utilities Equities | FLXC.L vs UTIL.L | |
| iShares Core MSCI Japan IMI UCITS ETF | 0.27 | 0.24 | 0.27 | 72 | Japan Equities, Asia Pacific Equities | FLXC.L vs SJPA.L | |
| Franklin European Quality Dividend UCITS ETF | 0.28 | 0.32 | 0.37 | 80 | Europe Equities | FLXC.L vs FLXD.L | |
| Franklin FTSE Korea UCITS ETF | 0.32 | 0.35 | 0.41 | 93 | South Korea Equities, Asia Pacific Equities | FLXC.L vs FLRK.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.35 | 0.34 | — | 96 | Taiwan Equities, Asia Pacific Equities | FLXC.L vs FRXT.L |
See all 30 diversifiers for FLXC.L
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