Looking to diversify beyond FTAL.L? The ETFs below have the lowest correlation with FTAL.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 FTAL.L.
Best Diversifiers for FTAL.L
0 ETFs have low correlation with FTAL.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.L) (Nasdaq-100) with a 1Y correlation of 0.32, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.32 | 0.34 | 0.40 | 78 | Nasdaq-100 | FTAL.L vs EQQQ.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.36 | 0.24 | 0.24 | 99 | Europe Equities | FTAL.L vs JRDZ.L | |
| Invesco FTSE All-World UCITS ETF Acc | 0.39 | 0.43 | 0.43 | 86 | Global Equities | FTAL.L vs FWRG.L | |
| Vanguard FTSE Developed Asia Pacific ex Japan UCIT... | 0.41 | 0.58 | 0.60 | 95 | Asia Pacific Equities | FTAL.L vs VDPG.L | |
| State Street SPDR S&P 500 UCITS ETF | 0.42 | 0.46 | 0.52 | 75 | S&P 500 | FTAL.L vs SPY5.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from FTAL.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to FTAL.L and solid risk/return profiles. The least correlated is National Grid plc (NG.L) (Utilities) with a 1Y correlation of 0.34, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| National Grid plc | 0.34 | 0.35 | 0.34 | 68 | Utilities | |
| Law Debenture Corp | 0.70 | 0.74 | 0.77 | 83 | Financial Services |
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