Looking to diversify beyond DXSK.DE? The ETFs below have the lowest correlation with DXSK.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 DXSK.DE.
Best Diversifiers for DXSK.DE
6 ETFs have low correlation with DXSK.DE (below 0.3), 4 of which are negatively correlated. The least correlated is Xtrackers MSCI World Information Technology UCITS ETF 1C (XDWT.DE) (Technology Equities) with a 1Y correlation of -0.09, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Information Technology UCITS ... | -0.09 | 0.08 | 0.23 | 64 | Technology Equities | DXSK.DE vs XDWT.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | -0.04 | 0.14 | 0.26 | 86 | Technology Equities | DXSK.DE vs XAIX.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.02 | -0.01 | 0.01 | 99 | Bank Loan | DXSK.DE vs XEON.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | -0.01 | 0.14 | 0.27 | 71 | Nasdaq-100 | DXSK.DE vs XNAS.DE | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.18 | 0.28 | 0.31 | 88 | Emerging Markets Equities | DXSK.DE vs XMME.DE |
See all 7 diversifiers for DXSK.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DXSK.DE
Add DXSK.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DXSK.DE