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 WisdomTree US Quality Dividend Growth UCITS ETF USD Acc (DGRA.L) (Large Cap Blend Equities) with a 1Y correlation of 0.46, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.46 | 0.45 | 0.52 | 52 | Large Cap Blend Equities, Dividend | DXJA.L vs DGRA.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.46 | 0.45 | 0.50 | 88 | Technology Equities | DXJA.L vs INTL.L | |
| Lyxor MSCI Emerging Markets Ex China UCITS ETF - A... | 0.48 | 0.37 | 0.44 | 89 | Emerging Markets Equities | DXJA.L vs EMXC.L | |
| WisdomTree NASDAQ 100 3x Daily Leveraged | 0.49 | 0.47 | 0.52 | 53 | Nasdaq-100, Leveraged Equities | DXJA.L vs QQQ3.L | |
| WisdomTree Global Quality Dividend Growth UCITS ET... | 0.53 | 0.47 | 0.52 | 58 | Global Equities, Dividend | DXJA.L vs GGRG.L |
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