Looking to diversify beyond XGSD.L? The ETFs below have the lowest correlation with XGSD.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 XGSD.L.
Best Diversifiers for XGSD.L
0 ETFs have low correlation with XGSD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin FTSE Korea UCITS ETF (FLRK.L) (South Korea Equities) with a 1Y correlation of 0.31, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Korea UCITS ETF | 0.31 | 0.39 | 0.44 | 93 | South Korea Equities, Asia Pacific Equities | XGSD.L vs FLRK.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.33 | 0.35 | 0.41 | 62 | Nasdaq-100 | XGSD.L vs XNAS.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.34 | 0.33 | 0.43 | 59 | Nasdaq-100 | XGSD.L vs XNAQ.L | |
| SPDR MSCI Europe Utilities UCITS ETF | 0.34 | 0.37 | 0.44 | 83 | Utilities Equities | XGSD.L vs UTIL.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.42 | 0.45 | 0.49 | 85 | Japan Equities, Asia Pacific Equities | XGSD.L vs XDJP.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XGSD.L
Add XGSD.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XGSD.L