Looking to diversify beyond XLCS.L? The ETFs below have the lowest correlation with XLCS.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 XLCS.L.
Best Diversifiers for XLCS.L
1 ETFs have low correlation with XLCS.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Korea UCITS ETF (Acc) (CSKR.L) (Asia Pacific Equities) with a 1Y correlation of 0.24, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Korea UCITS ETF (Acc) | 0.24 | 0.31 | 0.37 | 97 | Asia Pacific Equities | XLCS.L vs CSKR.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.34 | 0.51 | 0.58 | 73 | Technology Equities | XLCS.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.37 | 0.53 | 0.58 | 73 | Nasdaq-100 | XLCS.L vs EQGB.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.37 | 0.53 | 0.61 | 70 | Technology Equities | XLCS.L vs XLKS.L | |
| Invesco FTSE All-World UCITS ETF USD Dist | 0.42 | 0.59 | 0.59 | 86 | Global Equities | XLCS.L vs FTWG.L |
See all 12 diversifiers for XLCS.L
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