Looking to diversify beyond XNZS.L? The ETFs below have the lowest correlation with XNZS.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 XNZS.L.
Best Diversifiers for XNZS.L
1 ETFs have low correlation with XNZS.L (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers Bloomberg Commodity ex-Agriculture & Livestock Swap UCITS ETF 2C (XBCU.L) (Commodities) with a 1Y correlation of -0.01, down from 0.14 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | -0.01 | 0.14 | — | 77 | Commodities | XNZS.L vs XBCU.L | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.39 | 0.48 | — | 91 | Global Equities, Dividend | XNZS.L vs TDGB.L | |
| Xtrackers MSCI Japan ESG Screened UCITS ETF 1D | 0.53 | 0.48 | 0.49 | 67 | Japan Equities | XNZS.L vs XDNS.L | |
| WisdomTree Battery Solutions UCITS ETF - USD Acc | 0.57 | 0.54 | 0.57 | 65 | Alternative Energy Equities, Global Equities | XNZS.L vs CHRG.L | |
| L&G Battery Value-Chain UCITS ETF | 0.59 | 0.59 | 0.62 | 95 | Alternative Energy Equities, Global Equities | XNZS.L vs BATG.L |
See all 16 diversifiers for XNZS.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XNZS.L
Add XNZS.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XNZS.L