Looking to diversify beyond FTEK.L? The ETFs below have the lowest correlation with FTEK.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 FTEK.L.
Best Diversifiers for FTEK.L
0 ETFs have low correlation with FTEK.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor UCITS ETF (SMGB.L) (Semiconductors) with a 1Y correlation of 0.30, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor UCITS ETF | 0.30 | 0.42 | 0.54 | 97 | Semiconductors, Technology Equities | FTEK.L vs SMGB.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.31 | 0.45 | 0.55 | 91 | Technology Equities | FTEK.L vs VPNG.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.32 | 0.44 | — | 97 | Semiconductors, Technology Equities | FTEK.L vs HNSS.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.33 | 0.42 | — | 90 | Technology Equities | FTEK.L vs KARP.L | |
| iShares MSCI Europe Information Technology Sector ... | 0.35 | 0.43 | 0.53 | 81 | Technology Equities | FTEK.L vs ESIT.L |
See all 28 diversifiers for FTEK.L
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