Looking to diversify beyond XT01.L? The ETFs below have the lowest correlation with XT01.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 XT01.L.
Best Diversifiers for XT01.L
21 ETFs have low correlation with XT01.L (below 0.3), 11 of which are negatively correlated. The least correlated is Xtrackers Nikkei 225 UCITS ETF 1D (XDJP.L) (Japan Equities) with a 1Y correlation of -0.22, down from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Nikkei 225 UCITS ETF 1D | -0.22 | -0.10 | -0.09 | 84 | Japan Equities | XT01.L vs XDJP.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | -0.21 | -0.19 | -0.16 | 80 | Emerging Markets Equities | XT01.L vs XMME.L | |
| JPM GBP Ultra-Short Income Active UCITS ETF - GBP ... | -0.17 | -0.08 | -0.07 | 98 | Ultrashort Bond | XT01.L vs JGST.L | |
| Xtrackers NASDAQ 100 UCITS ETF | -0.14 | -0.18 | -0.20 | 76 | Nasdaq-100 | XT01.L vs XNAS.L | |
| iShares £ Ultrashort Bond UCITS ETF GBP (Dist) | -0.09 | -0.08 | -0.07 | 98 | Ultrashort Bond | XT01.L vs ERNS.L |
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