Looking to diversify beyond FRXE.L? The ETFs below have the lowest correlation with FRXE.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 FRXE.L.
Best Diversifiers for FRXE.L
21 ETFs have low correlation with FRXE.L (below 0.3), 6 of which are negatively correlated. The least correlated is Invesco S&P 500 UCITS ETF (GBP Hdg) (G500.L) (Global Equities) with a 1Y correlation of -0.12, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 UCITS ETF (GBP Hdg) | -0.12 | -0.16 | -0.16 | 71 | Global Equities | FRXE.L vs G500.L | |
| VanEck Semiconductor UCITS ETF | -0.07 | -0.08 | -0.02 | 95 | Semiconductors, Technology Equities, ESG, Global Equities | FRXE.L vs SMH.L | |
| Franklin FTSE Asia ex China ex Japan UCITS ETF | -0.06 | -0.03 | 0.07 | 80 | China Equities | FRXE.L vs FLQA.L | |
| HSBC MSCI KOREA CAPPED UCITS ETF | -0.02 | 0.03 | 0.05 | 92 | Global Equities | FRXE.L vs HKOD.L | |
| Franklin FTSE Korea UCITS ETF | -0.02 | 0.03 | 0.05 | 92 | Global Equities | FRXE.L vs FLXK.L |
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