Looking to diversify beyond METU.L? The ETFs below have the lowest correlation with METU.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 METU.L.
Best Diversifiers for METU.L
1 ETFs have low correlation with METU.L (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.L) (Europe Equities) with a 1Y correlation of 0.01, down from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.01 | 0.16 | — | 80 | Europe Equities | METU.L vs FLXD.L | |
| Franklin Emerging Markets UCITS ETF | 0.39 | 0.44 | — | 76 | Emerging Markets Equities | METU.L vs FLXE.L | |
| HANetf Digital Infrastructure and Connectivity UCI... | 0.43 | — | — | 56 | Technology Equities | METU.L vs PIGI.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.43 | 0.46 | — | 90 | Technology Equities | METU.L vs KARP.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.55 | 0.55 | — | 94 | Asia Pacific Equities | METU.L vs FRQX.L |
See all 28 diversifiers for METU.L
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