Looking to diversify beyond DBXP.DE? The ETFs below have the lowest correlation with DBXP.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 DBXP.DE.
Best Diversifiers for DBXP.DE
18 ETFs have low correlation with DBXP.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of -0.04, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.04 | 0.00 | 0.05 | 99 | Bank Loan | DBXP.DE vs XEON.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.04 | 0.03 | 0.04 | 86 | Technology Equities | DBXP.DE vs XAIX.DE | |
| iShares S&P 500 Swap UCITS ETF USD (Acc) | 0.04 | 0.02 | 0.03 | 69 | S&P 500 | DBXP.DE vs I500.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.07 | 0.00 | 0.03 | 64 | Technology Equities | DBXP.DE vs XDWT.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.08 | 0.00 | 0.03 | 64 | Technology Equities | DBXP.DE vs LYPG.DE |
See all 18 diversifiers for DBXP.DE
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