Looking to diversify beyond FLXE.L? The ETFs below have the lowest correlation with FLXE.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 FLXE.L.
Best Diversifiers for FLXE.L
1 ETFs have low correlation with FLXE.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 0.22, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.22 | 0.31 | 0.38 | 80 | Europe Equities | FLXE.L vs FLXD.L | |
| Franklin LibertyQ U.S. Equity UCITS ETF | 0.49 | 0.44 | 0.40 | 75 | Large Cap Blend Equities | FLXE.L vs FRUE.L | |
| Amundi Index MSCI Emerging Markets SRI PAB UCITS E... | 0.51 | 0.39 | 0.39 | 85 | Emerging Markets Equities | FLXE.L vs MSDG.L | |
| JPM Global Equity Multi-Factor UCITS ETF USD Acc | 0.53 | 0.54 | 0.55 | 72 | Global Equities | FLXE.L vs JPGL.L | |
| Franklin LibertyQ U.S. Equity UCITS ETF | 0.53 | 0.46 | 0.44 | 86 | Large Cap Blend Equities | FLXE.L vs FLXU.L |
See all 58 diversifiers for FLXE.L
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