Looking to diversify beyond LEMV.L? The ETFs below have the lowest correlation with LEMV.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 LEMV.L.
Best Diversifiers for LEMV.L
1 ETFs have low correlation with LEMV.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 0.23, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.23 | 0.17 | 0.17 | 99 | Europe Equities | LEMV.L vs JRDZ.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.45 | 0.49 | 0.49 | 61 | Europe Equities | LEMV.L vs SPOL.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.50 | 0.32 | 0.27 | 90 | Europe Equities | LEMV.L vs UD03.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.60 | 0.52 | 0.41 | 77 | Europe Equities | LEMV.L vs LCPE.L | |
| First Trust Eurozone AlphaDEX® UCITS ETF Class A S... | 0.64 | 0.73 | 0.70 | 58 | Europe Equities | LEMV.L vs FTEU.L |
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