Looking to diversify beyond AW1P.DE? The ETFs below have the lowest correlation with AW1P.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 AW1P.DE.
Best Diversifiers for AW1P.DE
5 ETFs have low correlation with AW1P.DE (below 0.3), 4 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 -0.11, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.11 | 0.07 | 0.13 | 69 | Commodities | AW1P.DE vs BCFE.DE | |
| UBS ETFs (IE) Bloomberg Commodity CMCI SF UCITS ET... | -0.07 | 0.15 | — | 74 | Commodities | AW1P.DE vs BCFU.DE | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (EUR... | -0.05 | 0.12 | — | 83 | Commodities | AW1P.DE vs UIQ1.DE | |
| UBS ETF (IE) CMCI ex-Agriculture SF UCITS ETF (USD... | -0.01 | 0.15 | — | 82 | Commodities | AW1P.DE vs UEQU.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.02 | -0.04 | -0.03 | 99 | Bank Loan | AW1P.DE vs XEON.DE |
See all 57 diversifiers for AW1P.DE
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