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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.


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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.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
National Grid plc0.340.350.34
68
Utilities
Law Debenture Corp0.700.740.77
83
Financial Services

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Diversification Analysis

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