Looking to diversify beyond FRUE.L? The ETFs below have the lowest correlation with FRUE.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 FRUE.L.
Best Diversifiers for FRUE.L
1 ETFs have low correlation with FRUE.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 0.23, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.23 | 0.27 | 0.37 | 80 | Europe Equities | FRUE.L vs FLXD.L | |
| Xtrackers MSCI USA ESG UCITS ETF 1D | 0.43 | 0.38 | 0.51 | 94 | Large Cap Blend Equities | FRUE.L vs XZMD.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.47 | 0.47 | 0.42 | 94 | Asia Pacific Equities | FRUE.L vs FRQX.L | |
| Franklin Emerging Markets UCITS ETF | 0.49 | 0.44 | 0.40 | 76 | Emerging Markets Equities | FRUE.L vs FLXE.L | |
| Fidelity US Quality Income ETF Acc | 0.54 | 0.73 | 0.81 | 76 | Large Cap Blend Equities, Dividend | FRUE.L vs FUQA.L |
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