Looking to diversify beyond XSCD.L? The ETFs below have the lowest correlation with XSCD.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 XSCD.L.
Best Diversifiers for XSCD.L
0 ETFs have low correlation with XSCD.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) (Japan Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.36 | 0.37 | 0.36 | 84 | Japan Equities | XSCD.L vs XDJP.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.42 | 0.49 | 0.49 | 70 | Technology Equities | XSCD.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.42 | — | — | 71 | Technology Equities | XSCD.L vs XXTW.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.45 | 0.51 | 0.50 | 70 | Global Equities | XSCD.L vs XDEQ.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.49 | 0.43 | 0.44 | 80 | Emerging Markets Equities | XSCD.L vs XMME.L |
See all 8 diversifiers for XSCD.L
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