Looking to diversify beyond FNCW.L? The ETFs below have the lowest correlation with FNCW.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 FNCW.L.
Best Diversifiers for FNCW.L
0 ETFs have low correlation with FNCW.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) (Emerging Markets Equities) with a 1Y correlation of 0.34, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI EM Value Factor UCITS ETF USD(Ac... | 0.34 | 0.47 | 0.53 | 86 | Emerging Markets Equities | FNCW.L vs EMVL.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.37 | 0.44 | 0.47 | 59 | Nasdaq-100 | FNCW.L vs XNAQ.L | |
| SPDR S&P 500 UCITS ETF | 0.55 | 0.63 | 0.65 | 73 | S&P 500 | FNCW.L vs SPX5.L | |
| Vanguard S&P 500 UCITS ETF | 0.56 | 0.63 | 0.65 | 73 | S&P 500 | FNCW.L vs VUSA.L | |
| State Street SPDR S&P 500 UCITS ETF (Dist) | 0.56 | 0.63 | 0.63 | 71 | S&P 500 | FNCW.L vs SPY5.L |
See all 25 diversifiers for FNCW.L
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