Looking to diversify beyond XNIF.L? The ETFs below have the lowest correlation with XNIF.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 XNIF.L.
Best Diversifiers for XNIF.L
11 ETFs have low correlation with XNIF.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G All Commodities UCITS ETF (BCOG.L) (Commodities) with a 1Y correlation of -0.23, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G All Commodities UCITS ETF | -0.23 | -0.03 | 0.02 | 64 | Commodities | XNIF.L vs BCOG.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.02 | -0.00 | -0.00 | 98 | Ultrashort Bond | XNIF.L vs ERNS.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.16 | 0.26 | 0.29 | 91 | Global Equities, Dividend | XNIF.L vs TDGB.L | |
| Lyxor MSCI Korea UCITS ETF - Acc | 0.24 | 0.24 | 0.26 | 97 | Asia Pacific Equities | XNIF.L vs KRWL.L | |
| iShares UK Dividend UCITS ETF | 0.26 | 0.23 | 0.24 | 61 | Dividend | XNIF.L vs IUKD.L |
See all 31 diversifiers for XNIF.L
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