Looking to diversify beyond XDJP.L? The ETFs below have the lowest correlation with XDJP.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 XDJP.L.
Best Diversifiers for XDJP.L
8 ETFs have low correlation with XDJP.L (below 0.3), 3 of which are negatively correlated. The least correlated is Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) (Government Bonds) with a 1Y correlation of -0.15, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | -0.15 | -0.04 | -0.04 | 91 | Government Bonds, Short-Term Bond | XDJP.L vs XUT3.L | |
| Xtrackers USD Corporate Bond Short Duration SRI PA... | -0.10 | 0.00 | 0.01 | 76 | Corporate Bonds | XDJP.L vs XYLD.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | -0.07 | -0.07 | -0.02 | 81 | Money Market | XDJP.L vs XSTR.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | 0.03 | 0.03 | 0.04 | 99 | Ultrashort Bond | XDJP.L vs ERNS.L | |
| Xtrackers MSCI Europe Utilities ESG Screened UCITS... | 0.19 | 0.19 | 0.24 | 65 | Utilities Equities | XDJP.L vs XS6R.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XDJP.L
Add XDJP.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XDJP.L