Looking to diversify beyond XGDG.L? The ETFs below have the lowest correlation with XGDG.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 XGDG.L.
Best Diversifiers for XGDG.L
6 ETFs have low correlation with XGDG.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 0.10, up from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.10 | -0.02 | -0.02 | 56 | Technology Equities | XGDG.L vs XSTC.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.12 | -0.01 | -0.02 | 76 | Nasdaq-100 | XGDG.L vs XNAQ.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.15 | 0.00 | -0.05 | 67 | Nasdaq-100 | XGDG.L vs XNAS.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.15 | 0.02 | -0.00 | 82 | Global Equities | XGDG.L vs XDEQ.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.23 | 0.15 | 0.20 | 51 | Technology Equities | XGDG.L vs XDWT.L |
See all 9 diversifiers for XGDG.L
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