Looking to diversify beyond AW1Z.DE? The ETFs below have the lowest correlation with AW1Z.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 AW1Z.DE.
Best Diversifiers for AW1Z.DE
3 ETFs have low correlation with AW1Z.DE (below 0.3), 1 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 -0.13, down from 0.11 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... | -0.13 | 0.04 | 0.11 | 58 | Commodities | AW1Z.DE vs BCFE.DE | |
| Expat Romania BET UCITS ETF | 0.06 | 0.09 | 0.16 | 97 | Europe Equities | AW1Z.DE vs ROX.DE | |
| Expat Slovenia SBI TOP UCITS ETF | 0.18 | 0.16 | 0.15 | 53 | Europe Equities | AW1Z.DE vs SLQX.DE | |
| Expat Hungary BUX UCITS ETF | 0.34 | 0.30 | 0.36 | 79 | Europe Equities | AW1Z.DE vs HUBE.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.49 | 0.64 | 0.72 | 71 | Europe Equities | AW1Z.DE vs ELFC.DE |
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