Looking to diversify beyond XMME.L? The ETFs below have the lowest correlation with XMME.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 XMME.L.
Best Diversifiers for XMME.L
4 ETFs have low correlation with XMME.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II US Treasuries 1-3 UCITS ETF 1D (XUT3.L) (Government Bonds) with a 1Y correlation of 0.20, up from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.20 | 0.12 | 0.07 | 91 | Government Bonds, Short-Term Bond | XMME.L vs XUT3.L | |
| Xtrackers MSCI Europe Utilities ESG Screened UCITS... | 0.22 | 0.27 | 0.35 | 55 | Utilities Equities | XMME.L vs XS6R.L | |
| Xtrackers USD Corporate Bond Short Duration SRI PA... | 0.23 | 0.17 | 0.15 | 73 | Corporate Bonds | XMME.L vs XYLD.L | |
| Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D | 0.29 | 0.43 | 0.43 | 77 | Europe Equities | XMME.L vs XD3E.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 0.32 | 0.35 | 0.41 | 81 | Money Market | XMME.L vs XSTR.L |
See all 80 diversifiers for XMME.L
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