Looking to diversify beyond XDGU.L? The ETFs below have the lowest correlation with XDGU.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 XDGU.L.
Best Diversifiers for XDGU.L
4 ETFs have low correlation with XDGU.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares USD Floating Rate Bond UCITS ETF USD (Acc) (FLOA.L) (Corporate Bonds) with a 1Y correlation of 0.07, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Floating Rate Bond UCITS ETF USD (Acc) | 0.07 | 0.03 | 0.04 | 97 | Corporate Bonds | XDGU.L vs FLOA.L | |
| iShares USD Ultrashort Bond UCITS ETF USD (Acc) | 0.19 | 0.15 | 0.18 | 98 | Corporate Bonds | XDGU.L vs ERNA.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.27 | 0.19 | 0.22 | 70 | Technology Equities | XDGU.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.29 | — | — | 71 | Technology Equities | XDGU.L vs XXTW.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.32 | 0.22 | 0.24 | 68 | Technology Equities | XDGU.L vs XDWT.L |
See all 13 diversifiers for XDGU.L
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