Looking to diversify beyond XS8R.L? The ETFs below have the lowest correlation with XS8R.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 XS8R.L.
Best Diversifiers for XS8R.L
1 ETFs have low correlation with XS8R.L (below 0.3), 0 of which are negatively correlated. The least correlated is KraneShares Electric Vehicles & Future Mobility ESG Screened UCITS ETF USD (KARP.L) (Technology Equities) with a 1Y correlation of 0.28, roughly unchanged from 0.33 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| KraneShares Electric Vehicles & Future Mobility ES... | 0.28 | 0.33 | — | 90 | Technology Equities | XS8R.L vs KARP.L | |
| Global X Data Center REITs & Digital Infrastructur... | 0.31 | 0.40 | — | 91 | Technology Equities | XS8R.L vs VPNG.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.38 | 0.47 | 0.49 | 80 | Emerging Markets Equities | XS8R.L vs XMME.L | |
| HSBC Nasdaq Global Semiconductor UCITS ETF | 0.38 | 0.60 | — | 97 | Semiconductors, Technology Equities | XS8R.L vs HNSS.L | |
| VanEck Semiconductor UCITS ETF | 0.38 | 0.60 | 0.68 | 97 | Semiconductors, Technology Equities | XS8R.L vs SMGB.L |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XS8R.L
Add XS8R.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XS8R.L