Looking to diversify beyond XEUM.L? The ETFs below have the lowest correlation with XEUM.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 XEUM.L.
Best Diversifiers for XEUM.L
1 ETFs have low correlation with XEUM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 2C (XBCU.L) (Commodities) with a 1Y correlation of 0.04, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.04 | 0.19 | 0.25 | 77 | Commodities | XEUM.L vs XBCU.L | |
| JPMorgan Eurozone Research Enhanced Index Equity (... | 0.38 | 0.29 | 0.29 | 99 | Europe Equities | XEUM.L vs JRDZ.L | |
| Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 0.53 | 0.44 | 0.46 | 67 | Japan Equities | XEUM.L vs XDNS.L | |
| UBS ETF (LU) Factor MSCI EMU Prime Value UCITS ETF... | 0.55 | 0.36 | 0.29 | 90 | Europe Equities | XEUM.L vs UD03.L | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.56 | 0.57 | 0.57 | 61 | Europe Equities | XEUM.L vs SPOL.L |
See all 20 diversifiers for XEUM.L
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