Looking to diversify beyond XMAS.L? The ETFs below have the lowest correlation with XMAS.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 XMAS.L.
Best Diversifiers for XMAS.L
0 ETFs have low correlation with XMAS.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Pacific Ex Japan UCITS ETF (PAXJ.L) (Asia Pacific Equities) with a 1Y correlation of 0.41, up from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Pacific Ex Japan UCITS ETF | 0.41 | 0.28 | 0.28 | 69 | Asia Pacific Equities | XMAS.L vs PAXJ.L | |
| iShares Asia Pacific Dividend UCITS | 0.47 | 0.45 | 0.39 | 93 | Asia Pacific Equities | XMAS.L vs IAPD.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.55 | 0.41 | 0.37 | 66 | Global Equities | XMAS.L vs XDEQ.L | |
| iShares VII plc - iShares Core MSCI Pac ex-Jpn ETF... | 0.55 | 0.48 | 0.46 | 50 | Asia Pacific Equities | XMAS.L vs CPJ1.L | |
| HSBC MSCI Pacific ex Japan UCITS ETF | 0.55 | 0.48 | 0.46 | 51 | Asia Pacific Equities | XMAS.L vs HMXJ.L |
See all 25 diversifiers for XMAS.L
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