Looking to diversify beyond XUKX.L? The ETFs below have the lowest correlation with XUKX.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 XUKX.L.
Best Diversifiers for XUKX.L
4 ETFs have low correlation with XUKX.L (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers MSCI USA Information Technology UCITS ETF 1D (XSTC.L) (Technology Equities) with a 1Y correlation of 0.24, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.24 | 0.25 | 0.32 | 70 | Technology Equities | XUKX.L vs XSTC.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.26 | — | — | 71 | Technology Equities | XUKX.L vs XXTW.L | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.27 | 0.28 | 0.34 | 68 | Technology Equities | XUKX.L vs XDWT.L | |
| Xtrackers NASDAQ 100 UCITS ETF | 0.30 | 0.32 | — | 76 | Nasdaq-100 | XUKX.L vs XNAS.L | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.31 | 0.31 | 0.36 | 78 | Nasdaq-100 | XUKX.L vs XNAQ.L |
See all 28 diversifiers for XUKX.L
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XUKX.L
Add XUKX.L to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XUKX.L