Looking to diversify beyond XMEM.L? The ETFs below have the lowest correlation with XMEM.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 XMEM.L.
Best Diversifiers for XMEM.L
0 ETFs have low correlation with XMEM.L (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF Dist (EMHD.L) (Emerging Markets Equities) with a 1Y correlation of 0.50, roughly unchanged from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.50 | 0.61 | 0.60 | 63 | Emerging Markets Equities | XMEM.L vs EMHD.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.58 | 0.54 | 0.53 | 70 | Global Equities | XMEM.L vs XDEQ.L | |
| Invesco FTSE EM High Dividend Low Volatility UCITS... | 0.60 | 0.67 | 0.64 | 79 | Emerging Markets Equities | XMEM.L vs HDEM.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.62 | 0.53 | 0.51 | 70 | Technology Equities | XMEM.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.64 | — | — | 71 | Technology Equities | XMEM.L vs XXTW.L |
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