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Xtrackers II ESG Global Aggregate Bond UCITS ETF 3D GBP hedged (XBGG.L) Diversifiers

ETF · Currency in GBp · Last updated Jun 5, 2026

The aim is for the investment to reflect the performance of the Bloomberg Barclays Global Aggregate Bond Index (Index). The Index is intended to reflect the global market in investment grade fixed-rate tradeable debt (bonds), meaning those bonds issued by issuers considered less likely to default. The Index contains all the bonds from the following three indices: the U.S. Aggregate Index, the Pan-European Aggregate Index and the Asian-Pacific Aggregate Index (Regional Aggregate Indices). In addition, bonds eligible for inclusion in the Global Treasury Index, the Eurodollar Index, the Euro-Yen Index, the Canadian Index, and the Investment Grade 144A Index, which are not already included in the Regional Aggregate Indices, shall also be eligible for inclusion in the Index.

Looking to diversify beyond XBGG.L? The ETFs below have the lowest correlation with XBGG.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 XBGG.L.

Best Diversifiers for XBGG.L

9 ETFs have low correlation with XBGG.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Information Technology UCITS ETF 1D (XSTC.L) (Technology Equities) with a 1Y correlation of 0.10, roughly unchanged from 0.02 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XSTC.L
Xtrackers MSCI USA Information Technology UCITS ET...0.100.020.02
70
Technology EquitiesXBGG.L vs XSTC.L
XXTW.L
Xtrackers MSCI World Information Technology UCITS ...0.130.040.04
71
Technology EquitiesXBGG.L vs XXTW.L
XDWT.L
Xtrackers MSCI World Information Technology UCITS ...0.160.070.05
68
Technology EquitiesXBGG.L vs XDWT.L
XNAQ.L
Xtrackers Nasdaq 100 UCITS ETF 1C0.160.050.04
78
Nasdaq-100XBGG.L vs XNAQ.L
XNAS.L
Xtrackers NASDAQ 100 UCITS ETF0.180.070.06
76
Nasdaq-100XBGG.L vs XNAS.L
See all 9 diversifiers for XBGG.L

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Diversification Analysis

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