Looking to diversify beyond XSKR.L? The ETFs below have the lowest correlation with XSKR.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 XSKR.L.
Best Diversifiers for XSKR.L
12 ETFs have low correlation with XSKR.L (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF USD (Acc) (IITU.L) (Technology Equities) with a 1Y correlation of 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.03 | 0.05 | 0.20 | 70 | Technology Equities, S&P 500 | XSKR.L vs IITU.L | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.03 | 0.06 | 0.20 | 70 | Technology Equities | XSKR.L vs XSTC.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.04 | 0.17 | 0.24 | 80 | Emerging Markets Equities | XSKR.L vs XMME.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.05 | 0.05 | 0.05 | 71 | Technology Equities | XSKR.L vs XXTW.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.07 | 0.10 | — | 76 | Nasdaq-100 | XSKR.L vs XNAS.L |
See all 12 diversifiers for XSKR.L
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