Looking to diversify beyond XGLD.L? The ETFs below have the lowest correlation with XGLD.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 XGLD.L.
Best Diversifiers for XGLD.L
9 ETFs have low correlation with XGLD.L (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Global Small Cap Value UCITS ETF USD Acc | 0.14 | — | — | 89 | Small Cap Value Equities | XGLD.L vs AVSG.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.15 | — | — | 71 | Technology Equities | XGLD.L vs XXTW.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.15 | 0.07 | 0.09 | 70 | Technology Equities | XGLD.L vs XSTC.L | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.18 | 0.08 | 0.10 | 68 | Technology Equities, S&P 500 | XGLD.L vs IUIT.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.19 | 0.09 | 0.11 | 68 | Technology Equities | XGLD.L vs XDWT.L |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from XGLD.L, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XGLD.L and solid risk/return profiles. The least correlated is Rolls-Royce Holdings PLC (RR.L) (Industrials) with a 1Y correlation of 0.29, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rolls-Royce Holdings PLC | 0.29 | 0.20 | 0.14 | 75 | Industrials |
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