Looking to diversify beyond DXJP.L? The ETFs below have the lowest correlation with DXJP.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 DXJP.L.
Best Diversifiers for DXJP.L
0 ETFs have low correlation with DXJP.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.30, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.30 | 0.40 | 0.44 | 94 | Global Equities, Dividend | DXJP.L vs TDGB.L | |
| VanEck Space Innovators UCITS ETF | 0.36 | 0.36 | — | 74 | Industrials Equities | DXJP.L vs JEDG.L | |
| WisdomTree US Quality Dividend Growth UCITS ETF US... | 0.37 | 0.35 | 0.40 | 52 | Large Cap Blend Equities, Dividend | DXJP.L vs DGRA.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.40 | 0.38 | 0.43 | 58 | Technology Equities, S&P 500 | DXJP.L vs IITU.L | |
| VanEck Semiconductor UCITS ETF | 0.43 | 0.42 | 0.47 | 97 | Semiconductors, Technology Equities | DXJP.L vs SMGB.L |
See all 50 diversifiers for DXJP.L
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