Looking to diversify beyond DBXD.DE? The ETFs below have the lowest correlation with DBXD.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 DBXD.DE.
Best Diversifiers for DBXD.DE
5 ETFs have low correlation with DBXD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.16, down from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.16 | -0.05 | 0.00 | 57 | Commodities | DBXD.DE vs ETL2.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.05 | 0.02 | 0.03 | 99 | Bank Loan | DBXD.DE vs XEON.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.13 | 0.09 | 0.08 | 95 | European Government Bonds | DBXD.DE vs PRAB.DE | |
| Amundi MSCI China A II UCITS ETF Dist | 0.24 | 0.16 | 0.17 | 83 | China Equities | DBXD.DE vs C024.DE | |
| iShares STOXX Europe 600 Utilities UCITS ETF (DE) | 0.28 | 0.32 | 0.44 | 55 | Utilities Equities | DBXD.DE vs EXH9.DE |
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