Looking to diversify beyond XDEV.L? The ETFs below have the lowest correlation with XDEV.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 XDEV.L.
Best Diversifiers for XDEV.L
5 ETFs have low correlation with XDEV.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) (IBTA.L) (Government Bonds) with a 1Y correlation of -0.00, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Treasury Bond 1-3yr UCITS ETF (Acc) | -0.00 | 0.04 | -0.03 | 89 | Government Bonds, Short-Term Bond | XDEV.L vs IBTA.L | |
| Vanguard U.S. Treasury 0-1 Year Bond UCITS ETF (US... | 0.05 | 0.03 | 0.03 | 99 | Government Bonds, Ultrashort Bond | XDEV.L vs VDST.L | |
| iShares Global Infrastructure UCITS ETF USD (Dist) | 0.13 | 0.37 | 0.45 | 68 | Utilities Equities, Global Equities | XDEV.L vs INFR.L | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.14 | 0.20 | 0.28 | 50 | Commodities | XDEV.L vs XBCU.L | |
| JPMorgan Global High Yield Corporate Bond Multi-Fa... | 0.25 | 0.31 | 0.34 | 73 | High Yield Bonds | XDEV.L vs JGYH.L |
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