Looking to diversify beyond XAID.L? The ETFs below have the lowest correlation with XAID.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 XAID.L.
Best Diversifiers for XAID.L
1 ETFs have low correlation with XAID.L (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD Accumulation (VDCA.L) (Short-Term Bond) with a 1Y correlation of 0.16, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard USD Corporate 1-3 Year Bond UCITS ETF USD... | 0.16 | 0.10 | 0.13 | 90 | Short-Term Bond | XAID.L vs VDCA.L | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.34 | 0.33 | — | 89 | Rare Earth & Strategic Metals | XAID.L vs REGB.L | |
| KraneShares Electric Vehicles & Future Mobility ES... | 0.39 | 0.39 | — | 93 | Technology Equities | XAID.L vs KARP.L | |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD | 0.58 | — | — | 52 | Foreign Large Cap Equities | XAID.L vs EXUS.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.61 | 0.56 | — | 92 | Technology Equities | XAID.L vs VPNG.L |
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