Looking to diversify beyond XDPP.L? The ETFs below have the lowest correlation with XDPP.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 XDPP.L.
Best Diversifiers for XDPP.L
1 ETFs have low correlation with XDPP.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF USD (Acc) (IUES.L) (Energy Equities) with a 1Y correlation of -0.04, down from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.04 | 0.24 | — | 57 | Energy Equities, S&P 500 | XDPP.L vs IUES.L | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP He... | 0.50 | 0.55 | — | 60 | S&P 500 | XDPP.L vs XEWG.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.56 | 0.57 | — | 84 | Japan Equities | XDPP.L vs XDJP.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.56 | 0.75 | — | 76 | S&P 500, Large Cap Value Equities | XDPP.L vs PQVG.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.56 | 0.52 | — | 83 | Emerging Markets Equities | XDPP.L vs XMME.L |
See all 62 diversifiers for XDPP.L
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