Looking to diversify beyond XMJP.L? The ETFs below have the lowest correlation with XMJP.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 XMJP.L.
Best Diversifiers for XMJP.L
2 ETFs have low correlation with XMJP.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers FTSE China 50 UCITS ETF 1C (XX25.L) (China Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers FTSE China 50 UCITS ETF 1C | 0.29 | 0.24 | 0.26 | 76 | China Equities | XMJP.L vs XX25.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.29 | 0.37 | 0.43 | 70 | Technology Equities | XMJP.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.32 | — | — | 71 | Technology Equities | XMJP.L vs XXTW.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.33 | 0.41 | 0.46 | 78 | Nasdaq-100 | XMJP.L vs XNAQ.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.33 | 0.41 | 0.40 | 76 | Nasdaq-100 | XMJP.L vs XNAS.L |
See all 39 diversifiers for XMJP.L
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