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
11 ETFs have low correlation with XNAS.L (below 0.3), 4 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Energy UCITS ETF 1D (XSEN.L) (Energy Equities) with a 1Y correlation of -0.19, down from 0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Energy UCITS ETF 1D | -0.19 | 0.03 | — | 54 | Energy Equities | XNAS.L vs XSEN.L | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.15 | 0.07 | — | 59 | Energy Equities | XNAS.L vs WENS.L | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.15 | 0.10 | — | 73 | Energy Equities | XNAS.L vs XDW0.L | |
| Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D | -0.06 | -0.03 | — | 77 | Money Market | XNAS.L vs XSTR.L | |
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.10 | 0.03 | — | 91 | Government Bonds, Short-Term Bond | XNAS.L vs XUT3.L |
See all 98 diversifiers for XNAS.L
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