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
4 ETFs have low correlation with AKWA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Silver (SLVR.DE) (Silver) with a 1Y correlation of 0.19, roughly unchanged from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Silver | 0.19 | 0.20 | — | 52 | Silver, Precious Metals | AKWA.DE vs SLVR.DE | |
| Global X Wind Energy UCITS ETF USD Accumulating | 0.24 | 0.28 | — | 67 | Energy Equities | AKWA.DE vs WNDY.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.26 | 0.34 | — | 57 | Nasdaq-100, Options Trading | AKWA.DE vs QYLE.DE | |
| Global X Copper Miners UCITS ETF USD Accumulating | 0.27 | 0.31 | — | 79 | Commodity Producers Equities | AKWA.DE vs 4COP.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.30 | 0.38 | — | 50 | S&P 500, Defined Outcome | AKWA.DE vs SPQB.DE |
See all 8 diversifiers for AKWA.DE
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