Looking to diversify beyond MFEX.L? The ETFs below have the lowest correlation with MFEX.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 MFEX.L.
Best Diversifiers for MFEX.L
1 ETFs have low correlation with MFEX.L (below 0.3), 1 of which are negatively correlated. The least correlated is Lyxor Smart Overnight Return UCITS ETF C-GBP (CSH2.L) (Money Market) with a 1Y correlation of -0.03, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.03 | -0.03 | -0.01 | 99 | Money Market | MFEX.L vs CSH2.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.37 | 0.28 | 0.28 | 99 | Europe Equities | MFEX.L vs JRDZ.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.52 | 0.34 | 0.28 | 90 | Europe Equities | MFEX.L vs UD03.L | |
| Franklin European Quality Dividend UCITS ETF | 0.52 | 0.57 | 0.66 | 80 | Europe Equities | MFEX.L vs FLXD.L | |
| Amundi S&P 500 Swap UCITS ETF USD Acc | 0.52 | 0.50 | 0.58 | 82 | S&P 500 | MFEX.L vs 500G.L |
See all 25 diversifiers for MFEX.L
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