Looking to diversify beyond XMCX.L? The ETFs below have the lowest correlation with XMCX.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 XMCX.L.
Best Diversifiers for XMCX.L
1 ETFs have low correlation with XMCX.L (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDGB.L) (Global Equities) with a 1Y correlation of 0.29, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.29 | 0.52 | 0.52 | 94 | Global Equities, Dividend | XMCX.L vs TDGB.L | |
| Franklin European Quality Dividend UCITS ETF | 0.36 | 0.44 | 0.53 | 88 | Europe Equities | XMCX.L vs FLXD.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.41 | 0.40 | 0.47 | 56 | Technology Equities | XMCX.L vs XSTC.L | |
| Ossiam Shiller Barclays Cape Europe Sector Value T... | 0.43 | 0.59 | 0.66 | 86 | Europe Equities | XMCX.L vs LCPE.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.46 | 0.45 | 0.51 | 51 | Technology Equities | XMCX.L vs XDWT.L |
See all 33 diversifiers for XMCX.L
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