Looking to diversify beyond XZMD.L? The ETFs below have the lowest correlation with XZMD.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 XZMD.L.
Best Diversifiers for XZMD.L
2 ETFs have low correlation with XZMD.L (below 0.3), 0 of which are negatively correlated. The least correlated is SPDR S&P US Dividend Aristocrats UCITS ETF Dis (USDV.L) (Large Cap Blend Equities) with a 1Y correlation of 0.18, down from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.18 | 0.35 | 0.46 | 58 | Large Cap Blend Equities, Dividend | XZMD.L vs USDV.L | |
| SPDR S&P US Dividend Aristocrats UCITS ETF Dis | 0.28 | 0.42 | 0.56 | 57 | Large Cap Blend Equities, Dividend | XZMD.L vs UDVD.L | |
| Xtrackers Nikkei 225 UCITS ETF 1D | 0.60 | 0.60 | — | 82 | Japan Equities, Asia Pacific Equities | XZMD.L vs XDJP.L | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.61 | 0.59 | — | 61 | Emerging Markets Equities | XZMD.L vs XMME.L | |
| First Trust US Large Cap Core AlphaDEX® UCITS ETF ... | 0.65 | 0.70 | — | 81 | Large Cap Blend Equities | XZMD.L vs FEX.L |
See all 61 diversifiers for XZMD.L
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