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 Invesco FTSE EM High Dividend Low Volatility UCITS ETF (HDEM.L) (Emerging Markets Equities) with a 1Y correlation of 0.52, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.52 | 0.59 | 0.57 | 79 | Emerging Markets Equities | XDEX.L vs HDEM.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.54 | 0.55 | 0.63 | 70 | Global Equities | XDEX.L vs XDEQ.L | |
| iShares Emerging Markets Dividend UCITS ETF | 0.57 | 0.64 | 0.64 | 81 | Emerging Markets Equities | XDEX.L vs SEDY.L | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.58 | 0.63 | 0.64 | 63 | Emerging Markets Equities | XDEX.L vs EMHD.L | |
| First Trust Emerging Markets AlphaDEX UCITS ETF Ac... | 0.60 | 0.62 | 0.62 | 84 | Emerging Markets Equities | XDEX.L vs FEM.L |
See all 67 diversifiers for XDEX.L
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