Looking to diversify beyond XSTR.L? The ETFs below have the lowest correlation with XSTR.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 XSTR.L.
Best Diversifiers for XSTR.L
6 ETFs have low correlation with XSTR.L (below 0.3), 6 of which are negatively correlated. The least correlated is iShares £ Ultrashort Bond UCITS ETF GBP (Dist) (ERNS.L) (Ultrashort Bond) with a 1Y correlation of -0.11, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.11 | -0.04 | 0.03 | 99 | Ultrashort Bond | XSTR.L vs ERNS.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | -0.09 | -0.08 | -0.03 | 85 | Japan Equities, Asia Pacific Equities | XSTR.L vs XDJP.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | -0.05 | -0.03 | -0.01 | 59 | Nasdaq-100 | XSTR.L vs XNAQ.L | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | -0.05 | -0.02 | -0.00 | 77 | Global Equities | XSTR.L vs XDEQ.L | |
| Xtrackers NASDAQ 100 UCITS ETF | -0.05 | -0.04 | -0.01 | 62 | Nasdaq-100 | XSTR.L vs XNAS.L |
See all 7 diversifiers for XSTR.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XSTR.L
Add XSTR.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XSTR.L