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
1 ETFs have low correlation with XDWE.L (below 0.3), 0 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 0.14, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 0.14 | 0.40 | 0.43 | 60 | Energy Equities, S&P 500 | XDWE.L vs IUES.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.34 | 0.42 | 0.55 | 70 | Technology Equities, S&P 500 | XDWE.L vs IITU.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.35 | 0.43 | 0.56 | 70 | Technology Equities | XDWE.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.36 | — | — | 71 | Technology Equities | XDWE.L vs XXTW.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.43 | 0.57 | 68 | Technology Equities, S&P 500 | XDWE.L vs IUIT.L |
See all 56 diversifiers for XDWE.L
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