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
0 ETFs have low correlation with XDPP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP Hedged (XEWG.L) (S&P 500) with a 1Y correlation of 0.50, roughly unchanged from 0.55 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers S&P 500 Equal Weight UCITS ETF 1D GBP He... | 0.50 | 0.55 | — | 65 | S&P 500, Equal Weight | XDPP.L vs XEWG.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.55 | 0.56 | — | 91 | Japan Equities | XDPP.L vs XDJP.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.56 | 0.74 | 0.73 | 93 | S&P 500, Large Cap Value Equities | XDPP.L vs PQVG.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.56 | 0.52 | — | 75 | Emerging Markets Equities | XDPP.L vs XMME.L | |
| Amundi S&P 500 Buyback ETF-C USD | 0.57 | 0.69 | — | 77 | S&P 500 | XDPP.L vs BYBG.L |
See all 59 diversifiers for XDPP.L
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