Looking to balance out your exposure to FSV.L? The ETFs below have the lowest correlation with FSV.L — they tend to move on their own, which can help reduce risk when FSV.L drops. The stock ideas table highlights individual companies that behave independently from FSV.L.
Best Diversifiers for FSV.L
0 ETFs have low correlation with FSV.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares UK Dividend UCITS ETF (IUKD.L) (Dividend) with a 1Y correlation of 0.70, roughly unchanged from 0.70 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares UK Dividend UCITS ETF | 0.70 | 0.70 | 0.70 | 61 | Dividend | FSV.L vs IUKD.L | |
| iShares FTSE 100 UCITS ETF | 0.71 | 0.70 | 0.69 | 56 | FSV.L vs CUKX.L |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FSV.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FSV.L and solid risk/return profiles. The least correlated is Blackrock World Mining Trust plc (BRWM.L) (Financial Services) with a 1Y correlation of 0.43, roughly unchanged from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Blackrock World Mining Trust plc | 0.43 | 0.52 | 0.53 | 92 | Financial Services | |
| Law Debenture Corp | 0.76 | 0.77 | 0.76 | 83 | Financial Services | |
| The City of London Investment Trust plc | 0.80 | 0.78 | 0.74 | 80 | Financial Services |
Build a portfolio that complements FSV.L
Add FSV.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with FSV.L