Looking to diversify beyond XNAS.L? The ETFs below have the lowest correlation with XNAS.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 XNAS.L.
Best Diversifiers for XNAS.L
7 ETFs have low correlation with XNAS.L (below 0.3), 1 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (WENS.L) (Energy Equities) with a 1Y correlation of -0.13, down from 0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.13 | 0.06 | — | 50 | Energy Equities | XNAS.L vs WENS.L | |
| Xtrackers MSCI Europe Utilities ESG Screened UCITS... | 0.05 | 0.02 | 0.12 | 65 | Utilities Equities | XNAS.L vs XS6R.L | |
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.11 | 0.04 | 0.01 | 91 | Government Bonds, Short-Term Bond | XNAS.L vs XUT3.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 0.19 | 0.18 | 0.14 | 81 | Money Market | XNAS.L vs XSTR.L | |
| Xtrackers EURO STOXX Quality Dividend UCITS ETF 1D | 0.24 | 0.26 | 0.32 | 80 | Europe Equities | XNAS.L vs XD3E.L |
See all 96 diversifiers for XNAS.L
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