Looking to diversify beyond XDWT.L? The ETFs below have the lowest correlation with XDWT.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 XDWT.L.
Best Diversifiers for XDWT.L
14 ETFs have low correlation with XDWT.L (below 0.3), 4 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) (Energy Equities) with a 1Y correlation of -0.22, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Energy UCITS ETF 1D | -0.22 | 0.00 | 0.12 | 51 | Energy Equities | XDWT.L vs XSEN.L | |
| SPDR MSCI Europe Energy UCITS ETF | -0.21 | 0.03 | — | 77 | Energy Equities | XDWT.L vs ENGE.L | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.18 | 0.06 | 0.19 | 70 | Energy Equities | XDWT.L vs XDW0.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | -0.09 | -0.04 | -0.01 | 77 | Money Market | XDWT.L vs XSTR.L | |
| iShares USD Treasury Bond 0-1yr UCITS ETF (Acc) | 0.01 | -0.02 | 0.03 | 100 | Government Bonds, Ultrashort Bond | XDWT.L vs IB01.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XDWT.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XDWT.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.43, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.44 | 0.36 | 0.39 | 74 | Industrials | |
| Samsung Electronics Co. Ltd | 0.54 | 0.47 | 0.52 | 99 | Technology |
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