Looking to diversify beyond XDWI.L? The ETFs below have the lowest correlation with XDWI.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 XDWI.L.
Best Diversifiers for XDWI.L
0 ETFs have low correlation with XDWI.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Information Technology UCITS ETF 1D (XSTC.L) (Technology Equities) with a 1Y correlation of 0.51, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.51 | 0.54 | 0.62 | 70 | Technology Equities | XDWI.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.54 | — | — | 71 | Technology Equities | XDWI.L vs XXTW.L | |
| VanEck Space Innovators UCITS ETF | 0.54 | 0.58 | — | 95 | Industrials Equities | XDWI.L vs JEDG.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.59 | 0.56 | 0.66 | 68 | Technology Equities | XDWI.L vs XDWT.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.61 | 0.61 | 0.67 | 78 | Nasdaq-100 | XDWI.L vs XNAQ.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XDWI.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XDWI.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.61, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.61 | 0.55 | 0.56 | 75 | Industrials |
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