Looking to diversify beyond HYEM.L? The ETFs below have the lowest correlation with HYEM.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 HYEM.L.
Best Diversifiers for HYEM.L
14 ETFs have low correlation with HYEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (REGB.L) (Rare Earth & Strategic Metals) with a 1Y correlation of 0.15, roughly unchanged from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.15 | 0.18 | — | 52 | Rare Earth & Strategic Metals | HYEM.L vs REGB.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.18 | 0.25 | 0.26 | 95 | Global Equities, Dividend | HYEM.L vs TDGB.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.18 | 0.34 | 0.36 | 80 | High Yield Bonds | HYEM.L vs STHY.L | |
| iShares Global High Yield Corporate Bond UCITS ETF | 0.18 | 0.25 | 0.31 | 67 | High Yield Bonds | HYEM.L vs HYEA.L | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | 0.20 | 0.36 | 0.37 | 79 | High Yield Bonds | HYEM.L vs STYC.L |
See all 16 diversifiers for HYEM.L
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