Looking to diversify beyond XEWG.L? The ETFs below have the lowest correlation with XEWG.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 XEWG.L.
Best Diversifiers for XEWG.L
2 ETFs have low correlation with XEWG.L (below 0.3), 1 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 -0.03, down from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | -0.03 | 0.23 | — | 60 | Energy Equities, S&P 500 | XEWG.L vs IUES.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.30 | 0.35 | — | 70 | Technology Equities, S&P 500 | XEWG.L vs IITU.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.30 | 0.36 | — | 70 | Technology Equities | XEWG.L vs XSTC.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.33 | 0.37 | — | 68 | Technology Equities, S&P 500 | XEWG.L vs IUIT.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.33 | — | — | 71 | Technology Equities | XEWG.L vs XXTW.L |
See all 38 diversifiers for XEWG.L
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