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
7 ETFs have low correlation with XSKR.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers NASDAQ 100 UCITS ETF (XNAS.L) (Nasdaq-100) with a 1Y correlation of 0.00, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers NASDAQ 100 UCITS ETF | 0.00 | 0.08 | 0.20 | 59 | Nasdaq-100 | XSKR.L vs XNAS.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.02 | 0.16 | 0.22 | 83 | Japan Equities, Asia Pacific Equities | XSKR.L vs XDJP.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.02 | 0.08 | 0.22 | 60 | Nasdaq-100 | XSKR.L vs XNAQ.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.07 | 0.25 | 0.37 | 60 | Emerging Markets Equities | XSKR.L vs XMME.L | |
| Invesco S&P 500 QVM UCITS ETF | 0.12 | 0.16 | 0.27 | 70 | S&P 500, Large Cap Value Equities | XSKR.L vs PQVG.L |
See all 8 diversifiers for XSKR.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XSKR.L
Add XSKR.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSKR.L