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 0.39, down from 0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.39 | 0.46 | 0.50 | 85 | Japan Equities, Asia Pacific Equities | XSCD.L vs XDJP.L | |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD | 0.42 | — | — | 58 | Foreign Large Cap Equities | XSCD.L vs EXUS.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.44 | 0.48 | 0.54 | 65 | Emerging Markets Equities | XSCD.L vs XMME.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.62 | 0.72 | 0.78 | 59 | Nasdaq-100 | XSCD.L vs XNAQ.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.64 | 0.67 | 0.72 | 77 | Global Equities | XSCD.L vs XDEQ.L |
See all 6 diversifiers for XSCD.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XSCD.L
Add XSCD.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSCD.L