Looking to diversify beyond XCX6.L? The ETFs below have the lowest correlation with XCX6.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 XCX6.L.
Best Diversifiers for XCX6.L
4 ETFs have low correlation with XCX6.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Bloomberg Commodity UCITS ETF Acc (CMOP.L) (Commodities) with a 1Y correlation of 0.02, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Bloomberg Commodity UCITS ETF Acc | 0.02 | 0.12 | 0.13 | 67 | Commodities | XCX6.L vs CMOP.L | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.15 | 0.28 | 0.26 | 77 | Commodities | XCX6.L vs XBCU.L | |
| Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 0.26 | 0.20 | 0.21 | 67 | Japan Equities | XCX6.L vs XDNS.L | |
| Xtrackers MSCI Japan UCITS ETF 1C | 0.26 | 0.26 | 0.27 | 59 | Japan Equities | XCX6.L vs XMJP.L | |
| Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 0.31 | 0.24 | 0.29 | 72 | Momentum, Global Equities | XCX6.L vs XDEM.L |
See all 26 diversifiers for XCX6.L
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