Looking to diversify beyond FWEA.DE? The ETFs below have the lowest correlation with FWEA.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 FWEA.DE.
Best Diversifiers for FWEA.DE
10 ETFs have low correlation with FWEA.DE (below 0.3), 3 of which are negatively correlated. The least correlated is iShares Diversified Commodity Swap UCITS ETF (SXRS.DE) (Commodities) with a 1Y correlation of -0.15, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.15 | -0.02 | -0.03 | 51 | Commodities | FWEA.DE vs SXRS.DE | |
| Invesco Bloomberg Commodity ex-Agriculture UCITS E... | -0.08 | 0.02 | — | 54 | Commodities | FWEA.DE vs XAAG.DE | |
| Invesco EUR AAA CLO UCITS ETF Acc | -0.02 | — | — | 96 | CLO | FWEA.DE vs CLOA.DE | |
| iShares Global Infrastructure UCITS ETF | 0.02 | 0.21 | 0.21 | 72 | Global Equities | FWEA.DE vs IQQI.DE | |
| Invesco Euro Cash 3 Months UCITS ETF Acc | 0.03 | -0.00 | — | 55 | Money Market | FWEA.DE vs PJEU.DE |
See all 86 diversifiers for FWEA.DE
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Diversification Analysis
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