Looking to diversify beyond MPXG.L? The ETFs below have the lowest correlation with MPXG.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 MPXG.L.
Best Diversifiers for MPXG.L
2 ETFs have low correlation with MPXG.L (below 0.3), 0 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 0.04, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor Smart Overnight Return UCITS ETF C-GBP | 0.04 | 0.03 | 0.03 | 99 | Money Market | MPXG.L vs CSH2.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.27 | 0.30 | — | 97 | Asia Pacific Equities | MPXG.L vs KRWL.L | |
| Franklin AC Asia ex Japan UCITS ETF | 0.35 | 0.37 | — | 95 | Asia Pacific Equities | MPXG.L vs FRQX.L | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.37 | 0.34 | 0.32 | 97 | Asia Pacific Equities | MPXG.L vs XKS2.L | |
| HSBC MSCI Korea Capped UCITS ETF USD | 0.37 | 0.35 | 0.32 | 97 | Asia Pacific Equities | MPXG.L vs HKOR.L |
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Diversification Analysis
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