Looking to diversify beyond XDEQ.L? The ETFs below have the lowest correlation with XDEQ.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 XDEQ.L.
Best Diversifiers for XDEQ.L
11 ETFs have low correlation with XDEQ.L (below 0.3), 4 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF USD Acc (WCOB.L) (Commodities) with a 1Y correlation of -0.12, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity UCITS ETF USD Acc | -0.12 | 0.08 | 0.13 | 66 | Commodities | XDEQ.L vs WCOB.L | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.11 | 0.14 | 0.20 | 51 | Energy Equities | XDEQ.L vs ESIE.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | -0.05 | -0.02 | -0.01 | 81 | Money Market | XDEQ.L vs XSTR.L | |
| iShares $ TIPS 0-5 UCITS ETF GBP Hedged (Dist) | -0.01 | -0.06 | -0.01 | 55 | Inflation-Protected Bonds | XDEQ.L vs TI5G.L | |
| Amundi Smart Overnight Return UCITS ETF GBP Hedged... | 0.02 | -0.02 | -0.02 | 99 | Money Market | XDEQ.L vs CSH2.L |
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