Looking to diversify beyond XDEX.L? The ETFs below have the lowest correlation with XDEX.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 XDEX.L.
Best Diversifiers for XDEX.L
0 ETFs have low correlation with XDEX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI World Quality Factor UCITS ETF 1C (XDEQ.L) (Global Equities) with a 1Y correlation of 0.52, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.52 | 0.53 | 0.62 | 82 | Global Equities | XDEX.L vs XDEQ.L | |
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.52 | 0.59 | 0.57 | 74 | Emerging Markets Equities | XDEX.L vs HDEM.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.56 | 0.63 | 0.64 | 75 | Emerging Markets Equities | XDEX.L vs SEDY.L | |
| First Trust Emerging Markets AlphaDEX UCITS ETF Ac... | 0.62 | 0.62 | 0.62 | 84 | Emerging Markets Equities | XDEX.L vs FEM.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.63 | 0.56 | 0.58 | 68 | Nasdaq-100 | XDEX.L vs XNAS.L |
See all 65 diversifiers for XDEX.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XDEX.L
Add XDEX.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XDEX.L