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UBS ETF (IE) MSCI Emerging Markets Climate Paris Aligned UCITS ETF (USD) Acc (AW12.DE) Diversifiers

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

AW12.DE is a passive ETF by UBS tracking the investment results of the MSCI Emerging Markets Climate Paris Aligned. AW12.DE launched on Aug 5, 2021 and has a 0.16% expense ratio.

Looking to diversify beyond AW12.DE? The ETFs below have the lowest correlation with AW12.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 AW12.DE.

Best Diversifiers for AW12.DE

1 ETFs have low correlation with AW12.DE (below 0.3), 0 of which are negatively correlated. The least correlated is UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ETF (EUR Hedged) Acc (BCFE.DE) (Commodities) with a 1Y correlation of 0.01, down from 0.17 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
BCFE.DE
UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET...0.010.17—
69
CommoditiesAW12.DE vs BCFE.DE
LEER.DE
Amundi MSCI Eastern Europe Ex Russia UCITS ETF0.480.51—
65
Emerging Markets EquitiesAW12.DE vs LEER.DE
WTED.DE
WisdomTree Emerging Markets SmallCap Dividend UCIT...0.610.64—
50
Emerging Markets EquitiesAW12.DE vs WTED.DE
4UBQ.DE
UBS ETF (IE) S&P 500 ESG UCITS ETF USD Acc0.640.54—
79
S&P 500, ESGAW12.DE vs 4UBQ.DE
S5SD.DE
UBS S&P 500 Scored & Screened UCITS ETF USD dis0.640.54—
78
S&P 500AW12.DE vs S5SD.DE
See all 57 diversifiers for AW12.DE

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Diversification Analysis

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