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), 2 of which are negatively correlated. The least correlated is Xtrackers Artificial Intelligence & Big Data UCITS ETF (XAIX.DE) (Technology Equities) with a 1Y correlation of -0.12, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Artificial Intelligence & Big Data UCITS... | -0.12 | 0.09 | 0.23 | 63 | Technology Equities | DXSK.DE vs XAIX.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | -0.10 | 0.09 | 0.25 | 65 | Nasdaq-100 | DXSK.DE vs XNAS.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.02 | 0.00 | 0.01 | 99 | Money Market | DXSK.DE vs XEON.DE | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.07 | 0.23 | 0.28 | 66 | Emerging Markets Equities | DXSK.DE vs XMME.DE | |
| Xtrackers MSCI World UCITS ETF 1C | 0.13 | 0.30 | 0.41 | 80 | Global Equities | DXSK.DE vs XDWD.DE |
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