Looking to diversify beyond IEFM.L? The ETFs below have the lowest correlation with IEFM.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 IEFM.L.
Best Diversifiers for IEFM.L
0 ETFs have low correlation with IEFM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 QVM UCITS ETF (PQVG.L) (S&P 500) with a 1Y correlation of 0.38, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 QVM UCITS ETF | 0.38 | 0.42 | 0.51 | 78 | S&P 500, Large Cap Value Equities | IEFM.L vs PQVG.L | |
| iShares Edge MSCI USA Value Factor UCITS ETF USD (... | 0.38 | 0.45 | 0.50 | 97 | Large Cap Value Equities | IEFM.L vs IUVD.L | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.39 | 0.36 | 0.43 | 57 | Utilities Equities | IEFM.L vs UTIL.L | |
| VanEck Semiconductor UCITS ETF | 0.43 | 0.49 | 0.50 | 97 | Semiconductors, Technology Equities | IEFM.L vs SMGB.L | |
| JPM Global Equity Multi-Factor UCITS ETF USD Acc | 0.44 | 0.52 | 0.58 | 72 | Global Equities | IEFM.L vs JPGL.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IEFM.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IEFM.L and solid risk/return profiles. The least correlated is Coca Cola HBC AG (CCH.L) (Consumer Defensive) with a 1Y correlation of 0.21, down from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Coca Cola HBC AG | 0.22 | 0.26 | 0.34 | 54 | Consumer Defensive |
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