Looking to diversify beyond FREM.L? The ETFs below have the lowest correlation with FREM.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 FREM.L.
Best Diversifiers for FREM.L
2 ETFs have low correlation with FREM.L (below 0.3), 1 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 -0.06, down from 0.06 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... | -0.06 | 0.08 | 0.06 | 99 | Global Equities | FREM.L vs MINT.L | |
| Franklin European Quality Dividend UCITS ETF | 0.28 | 0.30 | 0.39 | 86 | Europe Equities | FREM.L vs FRXD.L | |
| Franklin Euro Short Maturity UCITS ETF | 0.34 | 0.32 | 0.37 | 87 | Global Equities | FREM.L vs FLES.L | |
| PIMCO US Dollar Short Maturity UCITS ETF Instituti... | 0.36 | 0.35 | 0.42 | 100 | Global Equities | FREM.L vs MIST.L | |
| PIMCO Sterling Short Maturity UCITS ETF | 0.37 | 0.35 | 0.41 | 99 | Global Equities | FREM.L vs QUID.L |
See all 22 diversifiers for FREM.L
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