Looking to diversify beyond XREP.L? The ETFs below have the lowest correlation with XREP.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 XREP.L.
Best Diversifiers for XREP.L
9 ETFs have low correlation with XREP.L (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Multi-Strategy Enhanced Commodities UCITS ETF (ENCG.L) (Commodities) with a 1Y correlation of -0.05, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Multi-Strategy Enhanced Commodities UCITS ETF | -0.05 | 0.01 | 0.04 | 61 | Commodities | XREP.L vs ENCG.L | |
| Lyxor Smart Overnight Return UCITS ETF C-GBP | -0.03 | 0.04 | 0.03 | 99 | Money Market | XREP.L vs CSH2.L | |
| Invesco Technology S&P US Select Sector UCITS ETF ... | 0.01 | 0.12 | 0.19 | 73 | Technology Equities | XREP.L vs XLKQ.L | |
| Invesco EQQQ Nasdaq-100 UCITS ETF GBP Hdg Acc | 0.04 | 0.16 | — | 73 | Nasdaq-100 | XREP.L vs EQGB.L | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.12 | 0.22 | — | 75 | Nasdaq-100 | XREP.L vs EQQU.L |
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