Looking to diversify beyond FRIN.L? The ETFs below have the lowest correlation with FRIN.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 FRIN.L.
Best Diversifiers for FRIN.L
11 ETFs have low correlation with FRIN.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 0.14, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.14 | 0.20 | 0.27 | 80 | Europe Equities | FRIN.L vs FLXD.L | |
| VanEck Space Innovators UCITS ETF | 0.20 | 0.19 | — | 95 | Industrials Equities | FRIN.L vs JEDG.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.25 | 0.24 | 0.27 | 97 | Asia Pacific Equities | FRIN.L vs KRWL.L | |
| iShares MSCI Korea UCITS ETF (Dist) | 0.26 | 0.25 | 0.27 | 97 | Asia Pacific Equities | FRIN.L vs IKOR.L | |
| SPDR FTSE UK All Share UCITS ETF | 0.27 | 0.26 | 0.32 | 53 | Europe Equities | FRIN.L vs FTAL.L |
See all 35 diversifiers for FRIN.L
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