Looking to diversify beyond FTEU.L? The ETFs below have the lowest correlation with FTEU.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 FTEU.L.
Best Diversifiers for FTEU.L
0 ETFs have low correlation with FTEU.L (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Eurozone Research Enhanced Index Equity (ESG) UCITS ETF EUR (dist) (JRDZ.L) (Europe Equities) with a 1Y correlation of 0.33, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.33 | 0.26 | 0.26 | 99 | Europe Equities | FTEU.L vs JRDZ.L | |
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.38 | 0.25 | 0.30 | 56 | Health & Biotech Equities | FTEU.L vs FBT.L | |
| First Trust US Large Cap Core AlphaDEX UCITS Class... | 0.40 | 0.41 | 0.48 | 93 | Large Cap Blend Equities | FTEU.L vs FEXD.L | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.46 | 0.53 | 0.55 | 90 | Energy Equities | FTEU.L vs QCLN.L | |
| First Trust US IPO Index UCITS ETF | 0.47 | 0.42 | 0.44 | 54 | Large Cap Growth Equities | FTEU.L vs FPX.L |
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