Looking to diversify beyond EMWE.DE? The ETFs below have the lowest correlation with EMWE.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 EMWE.DE.
Best Diversifiers for EMWE.DE
2 ETFs have low correlation with EMWE.DE (below 0.3), 2 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) (Commodities) with a 1Y correlation of -0.15, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.15 | 0.04 | 0.13 | 77 | Commodities | EMWE.DE vs EMEH.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.07 | 0.09 | 0.14 | 74 | Commodities | EMWE.DE vs GSDE.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.48 | 0.56 | 0.62 | 88 | Global Equities, Dividend | EMWE.DE vs VDIV.DE | |
| BNP Paribas Easy MSCI Japan ESG Filtered Min TE UC... | 0.58 | 0.58 | 0.61 | 51 | Japan Equities | EMWE.DE vs EJAP.DE | |
| BNP Paribas Easy JPM ESG EMBI Global Diversified C... | 0.60 | 0.50 | 0.48 | 60 | Emerging Markets Bonds | EMWE.DE vs ASRC.DE |
See all 38 diversifiers for EMWE.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EMWE.DE
Add EMWE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EMWE.DE