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 First Trust NYSE Arca Biotechnology UCITS ETF Acc (FBT.L) (Health & Biotech Equities) with a 1Y correlation of 0.40, roughly unchanged from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust NYSE Arca Biotechnology UCITS ETF Acc | 0.40 | 0.39 | 0.44 | 85 | Health & Biotech Equities | FTEU.L vs FBT.L | |
| Franklin European Quality Dividend UCITS ETF | 0.48 | 0.54 | 0.62 | 88 | Europe Equities | FTEU.L vs FLXD.L | |
| First Trust Nasdaq Clean Edge Green Energy UCITS E... | 0.49 | 0.52 | 0.54 | 87 | Energy Equities | FTEU.L vs QCLN.L | |
| First Trust US IPO Index UCITS ETF | 0.50 | 0.52 | 0.56 | 66 | Large Cap Growth Equities | FTEU.L vs FPX.L | |
| Amundi MSCI Switzerland UCITS ETF CHF | 0.52 | 0.52 | 0.51 | 58 | Europe Equities | FTEU.L vs CSWG.L |
See all 97 diversifiers for FTEU.L
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