Looking to balance out your exposure to DTE.DE? The ETFs below have the lowest correlation with DTE.DE — they tend to move on their own, which can help reduce risk when DTE.DE drops. The stock ideas table highlights individual companies that behave independently from DTE.DE.
Best Diversifiers for DTE.DE
5 ETFs have low correlation with DTE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) (Energy Equities) with a 1Y correlation of -0.04, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.04 | 0.05 | 0.11 | 59 | Energy Equities | DTE.DE vs XDW0.DE | |
| iShares MSCI ACWI UCITS ETF (Acc) | 0.10 | 0.17 | 0.27 | 76 | Global Equities | DTE.DE vs IUSQ.DE | |
| Xtrackers MSCI AC World ESG Screened UCITS ETF 1C | 0.10 | 0.16 | 0.28 | 72 | Global Equities | DTE.DE vs XMAW.DE | |
| iShares Edge MSCI World Value Factor UCITS ETF | 0.16 | 0.28 | 0.36 | 97 | Global Equities | DTE.DE vs IS3S.DE | |
| L&G Gerd Kommer Multifactor Equity UCITS ETF USD A... | 0.17 | — | — | 71 | Global Equities | DTE.DE vs GERD.DE |
Diversification Analysis
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