Looking to diversify beyond XDWE.L? The ETFs below have the lowest correlation with XDWE.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 XDWE.L.
Best Diversifiers for XDWE.L
0 ETFs have low correlation with XDWE.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.L) (Emerging Markets Equities) with a 1Y correlation of 0.42, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.42 | 0.43 | 0.46 | 65 | Emerging Markets Equities | XDWE.L vs XMME.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.42 | 0.45 | 0.49 | 85 | Japan Equities, Asia Pacific Equities | XDWE.L vs XDJP.L | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.48 | 0.54 | 0.63 | 59 | Nasdaq-100 | XDWE.L vs CNX1.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.48 | 0.55 | 0.63 | 59 | Nasdaq-100 | XDWE.L vs XNAQ.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.49 | 0.54 | 0.60 | 62 | Nasdaq-100 | XDWE.L vs XNAS.L |
See all 53 diversifiers for XDWE.L
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