Looking to diversify beyond EUNW.DE? The ETFs below have the lowest correlation with EUNW.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 EUNW.DE.
Best Diversifiers for EUNW.DE
4 ETFs have low correlation with EUNW.DE (below 0.3), 0 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 0.07, roughly unchanged from 0.04 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 | 0.07 | 0.02 | 0.04 | 99 | Bank Loan | EUNW.DE vs XEON.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.18 | 0.21 | — | 57 | Nasdaq-100, Options Trading | EUNW.DE vs QYLE.DE | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.26 | 0.34 | 0.35 | 51 | Emerging Markets Bonds | EUNW.DE vs IUS7.DE | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.28 | 0.34 | 0.35 | 52 | Emerging Markets Bonds | EUNW.DE vs IS02.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.30 | 0.42 | 0.51 | 63 | Europe Equities | EUNW.DE vs FLXD.DE |
See all 26 diversifiers for EUNW.DE
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