Looking to diversify beyond FPXS.L? The ETFs below have the lowest correlation with FPXS.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 FPXS.L.
Best Diversifiers for FPXS.L
1 ETFs have low correlation with FPXS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Korea UCITS ETF - Acc (KRWL.L) (Asia Pacific Equities) with a 1Y correlation of 0.29, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Korea UCITS ETF - Acc | 0.29 | 0.45 | 0.50 | 97 | Asia Pacific Equities | FPXS.L vs KRWL.L | |
| Fidelity US Quality Income ETF Acc | 0.34 | 0.47 | 0.55 | 76 | Large Cap Blend Equities, Dividend | FPXS.L vs FUQA.L | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.36 | 0.48 | 0.52 | 97 | Asia Pacific Equities | FPXS.L vs XKS2.L | |
| Franklin FTSE Taiwan UCITS ETF | 0.36 | 0.46 | — | 97 | Asia Pacific Equities | FPXS.L vs FRXT.L | |
| HSBC MSCI Taiwan Capped UCITS ETF USD | 0.37 | 0.48 | 0.51 | 97 | Asia Pacific Equities | FPXS.L vs HTWN.L |
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