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
1 ETFs have low correlation with DXJA.L (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Physical Silver (PHSP.L) (Silver) with a 1Y correlation of 0.24, up from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Physical Silver | 0.24 | 0.14 | 0.10 | 56 | Silver, Precious Metals | DXJA.L vs PHSP.L | |
| JPMorgan Japan Research Enhanced Index Equity (ESG... | 0.32 | 0.23 | — | 97 | Japan Equities | DXJA.L vs JRIE.L | |
| Lyxor MSCI Emerging Markets Ex China UCITS ETF - A... | 0.37 | 0.30 | 0.28 | 90 | Emerging Markets Equities | DXJA.L vs EMXC.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.43 | 0.44 | 0.44 | 57 | Large Cap Blend Equities, Dividend | DXJA.L vs DGRA.L | |
| WisdomTree Artificial Intelligence UCITS ETF - USD... | 0.45 | 0.45 | 0.43 | 91 | Technology Equities | DXJA.L vs INTL.L |
See all 42 diversifiers for DXJA.L
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