Looking to diversify beyond XMTW.L? The ETFs below have the lowest correlation with XMTW.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 XMTW.L.
Best Diversifiers for XMTW.L
0 ETFs have low correlation with XMTW.L (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor MSCI Pacific Ex Japan UCITS ETF (PAXJ.L) (Asia Pacific Equities) with a 1Y correlation of 0.36, up from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Lyxor MSCI Pacific Ex Japan UCITS ETF | 0.36 | 0.24 | 0.24 | 65 | Asia Pacific Equities | XMTW.L vs PAXJ.L | |
| iShares Asia Pacific Dividend UCITS | 0.39 | 0.45 | 0.47 | 93 | Asia Pacific Equities | XMTW.L vs IAPD.L | |
| L&G Quality Equity Dividends ESG Exclusions Asia P... | 0.46 | 0.52 | 0.56 | 77 | Asia Pacific Equities | XMTW.L vs LDAG.L | |
| iShares Asia Pacific Dividend UCITS | 0.50 | 0.54 | 0.57 | 86 | Asia Pacific Equities | XMTW.L vs IDAP.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.55 | 0.58 | 0.61 | 97 | Asia Pacific Equities | XMTW.L vs KRWL.L |
See all 36 diversifiers for XMTW.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XMTW.L
Add XMTW.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XMTW.L