Looking to diversify beyond XDER.L? The ETFs below have the lowest correlation with XDER.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 XDER.L.
Best Diversifiers for XDER.L
6 ETFs have low correlation with XDER.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, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.10 | 0.12 | 0.25 | 70 | Technology Equities | XDER.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.13 | 0.13 | 0.13 | 71 | Technology Equities | XDER.L vs XXTW.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.15 | 0.16 | 0.29 | 68 | Technology Equities | XDER.L vs XDWT.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.19 | 0.18 | 0.29 | 78 | Nasdaq-100 | XDER.L vs XNAQ.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.21 | 0.20 | — | 76 | Nasdaq-100 | XDER.L vs XNAS.L |
See all 12 diversifiers for XDER.L
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