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AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc (AXQT.DE) Diversifiers

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

The AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc seeks to track the MSCI Emerging Markets ex China Climate Paris Aligned Benchmark Index, which provides exposure to large- and mid-cap stocks across emerging markets excluding China while aligning with the goals of the Paris Agreement by overweighting companies positioned to benefit from the transition to a lower-carbon economy.

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

Best Diversifiers for AXQT.DE

2 ETFs have low correlation with AXQT.DE (below 0.3), 1 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XEON.DE
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C-0.02——
99
Bank LoanAXQT.DE vs XEON.DE
ENTR.DE
L&G New Energy Commodities UCITS ETF USD Accumulat...0.13——
72
CommoditiesAXQT.DE vs ENTR.DE
XU61.DE
BNP Paribas Easy ECPI Global ESG Infrastructure UC...0.42——
81
Global Equities, ESG, Industrials EquitiesAXQT.DE vs XU61.DE
LEER.DE
Amundi MSCI Eastern Europe Ex Russia UCITS ETF0.46——
65
Emerging Markets EquitiesAXQT.DE vs LEER.DE
WTED.DE
WisdomTree Emerging Markets SmallCap Dividend UCIT...0.55——
50
Emerging Markets EquitiesAXQT.DE vs WTED.DE
See all 59 diversifiers for AXQT.DE

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Diversification Analysis

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