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), 6 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Diversified Commodity Swap UCITS ETF | -0.24 | — | — | 59 | Commodities | FWEA.DE vs SXRS.DE | |
| WisdomTree Broad Commodities UCITS ETF | -0.23 | — | — | 60 | Commodities | FWEA.DE vs PCOM.DE | |
| Invesco S&P World Energy ESG UCITS ETF Acc | -0.17 | — | — | 53 | Energy Equities | FWEA.DE vs WDEE.DE | |
| Invesco Bloomberg Commodity ex-Agriculture UCITS E... | -0.16 | — | — | 65 | Commodities | FWEA.DE vs XAAG.DE | |
| Invesco Bloomberg Commodity UCITS ETF (EUR Hedged)... | -0.13 | — | — | 63 | Commodities | FWEA.DE vs CMOE.DE |
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