Looking to diversify beyond XMLH.DE? The ETFs below have the lowest correlation with XMLH.DE — 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 XMLH.DE.
Best Diversifiers for XMLH.DE
1 ETFs have low correlation with XMLH.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) (Health & Biotech Equities) with a 1Y correlation of -0.14, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.14 | 0.12 | — | 64 | Health & Biotech Equities, Equal Weight | XMLH.DE vs WELP.DE | |
| iShares S&P 500 Health Care Sector UCITS ETF (Acc) | 0.57 | 0.55 | 0.55 | 53 | Health & Biotech Equities, S&P 500 | XMLH.DE vs QDVG.DE | |
| SPDR S&P US Health Care Select Sector UCITS ETF | 0.57 | 0.55 | 0.56 | 51 | Health & Biotech Equities | XMLH.DE vs ZPDH.DE | |
| L&G Russell 2000 US Small Cap Quality UCITS ETF US... | 0.59 | 0.72 | 0.73 | 88 | Small Cap Blend Equities | XMLH.DE vs ETLZ.DE | |
| L&G Pharma Breakthrough UCITS ETF | 0.60 | 0.62 | 0.66 | 74 | Health & Biotech Equities | XMLH.DE vs ETLI.DE |
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