Looking to diversify beyond DXJA.L? The ETFs below have the lowest correlation with DXJA.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 DXJA.L.
Best Diversifiers for DXJA.L
0 ETFs have low correlation with DXJA.L (below 0.3), 0 of which are negatively correlated. The least correlated is L&G APAC ex-Japan Quality Dividends Equal Weight ETF USD Dis (LDAP.L) (Japan Equities) with a 1Y correlation of 0.41, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G APAC ex-Japan Quality Dividends Equal Weight E... | 0.41 | 0.38 | 0.46 | 55 | Japan Equities | DXJA.L vs LDAP.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.46 | 0.44 | 0.51 | 53 | Large Cap Blend Equities, Dividend | DXJA.L vs DGRA.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.46 | 0.46 | 0.50 | 74 | Technology Equities | DXJA.L vs INTL.L | |
| HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF | 0.47 | 0.38 | 0.42 | 77 | Japan Equities | DXJA.L vs HMAD.L | |
| iShares MSCI AC Far East ex-Japan UCITS ETF | 0.47 | 0.38 | 0.43 | 76 | Japan Equities | DXJA.L vs IDFF.L |
See all 60 diversifiers for DXJA.L
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