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HANetf Future of Defence UCITS ETF Acc EUR (ASWC.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The Global Defence ETF (NATO) invests in companies generating revenue from NATO and NATO+ ally defence and cyber defence spending, targeting growth driven by rising global military expenditures and increased demand for cyber and physical defence solutions.

Looking to diversify beyond ASWC.DE? The ETFs below have the lowest correlation with ASWC.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 ASWC.DE.

Best Diversifiers for ASWC.DE

5 ETFs have low correlation with ASWC.DE (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ETL2.DE
L&G Longer Dated All Commodities UCITS ETF0.18——
57
CommoditiesASWC.DE vs ETL2.DE
EUNN.DE
iShares Core MSCI Japan IMI UCITS ETF0.240.390.39
56
Japan EquitiesASWC.DE vs EUNN.DE
LCUJ.DE
Amundi MSCI Japan UCITS ETF Acc0.250.390.39
53
Japan EquitiesASWC.DE vs LCUJ.DE
ZPRV.DE
SPDR MSCI USA Small Cap Value Weighted UCITS ETF0.250.430.43
74
Small Cap Value EquitiesASWC.DE vs ZPRV.DE
VVMX.DE
VanEck Rare Earth and Strategic Metals UCITS ETF A0.26——
87
Commodity Producers EquitiesASWC.DE vs VVMX.DE
See all 18 diversifiers for ASWC.DE

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Diversification Analysis

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