Looking to diversify beyond FSEM.L? The ETFs below have the lowest correlation with FSEM.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 FSEM.L.
Best Diversifiers for FSEM.L
4 ETFs have low correlation with FSEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Europe Quality Income UCITS ETF (FEUI.L) (Europe Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Europe Quality Income UCITS ETF | 0.17 | 0.19 | 0.15 | 55 | Europe Equities | FSEM.L vs FEUI.L | |
| UBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ... | 0.19 | 0.28 | 0.20 | 90 | Emerging Markets Bonds | FSEM.L vs UBXX.L | |
| Fidelity Emerging Markets Quality Income UCITS ETF | 0.21 | 0.18 | 0.17 | 93 | Emerging Markets Equities | FSEM.L vs FEMQ.L | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.25 | 0.31 | 0.33 | 58 | Emerging Markets Bonds | FSEM.L vs SEMC.L | |
| L&G China CNY Bond UCITS ETF | 0.31 | 0.20 | 0.22 | 89 | Emerging Markets Bonds | FSEM.L vs DRGN.L |
See all 38 diversifiers for FSEM.L
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