Looking to diversify beyond AKWA.DE? The ETFs below have the lowest correlation with AKWA.DE — 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 AKWA.DE.
Best Diversifiers for AKWA.DE
5 ETFs have low correlation with AKWA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X S&P 500 Quarterly Tail Hedge UCITS ETF USD Accumulating (SPQH.DE) (Defined Outcome) with a 1Y correlation of 0.23, down from 0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | 0.23 | 0.37 | — | 57 | Defined Outcome, S&P 500 | AKWA.DE vs SPQH.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.24 | 0.32 | — | 85 | Nasdaq-100, Options Trading | AKWA.DE vs QYLE.DE | |
| Global X Copper Miners UCITS ETF USD Accumulating | 0.24 | 0.30 | — | 71 | Copper | AKWA.DE vs 4COP.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.27 | 0.38 | — | 87 | S&P 500, Derivative Income | AKWA.DE vs XY7D.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.29 | 0.38 | — | 84 | S&P 500, Defined Outcome | AKWA.DE vs SPQB.DE |
See all 8 diversifiers for AKWA.DE
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