Looking to diversify beyond XGSI.L? The ETFs below have the lowest correlation with XGSI.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 XGSI.L.
Best Diversifiers for XGSI.L
5 ETFs have low correlation with XGSI.L (below 0.3), 2 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 -0.18, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | -0.18 | -0.05 | -0.03 | 77 | Commodities | XGSI.L vs XBCU.L | |
| First Trust Low Duration Global Government Bond UC... | -0.08 | 0.11 | 0.16 | 65 | Global Bonds | XGSI.L vs FGOV.L | |
| Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 0.07 | 0.11 | 0.03 | 72 | Momentum, Global Equities | XGSI.L vs XDEM.L | |
| Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 0.09 | 0.08 | 0.05 | 67 | Japan Equities | XGSI.L vs XDNS.L | |
| Xtrackers MSCI World Value Factor UCITS ETF 1C | 0.29 | 0.19 | 0.08 | 97 | Global Equities | XGSI.L vs XDEV.L |
Diversification Analysis
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