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iShares Edge MSCI World Minimum Volatility ESG UCITS ETF (Acc) (MVEW.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI World Minimum Volatility ESG Reduced Carbon Target Index.Currency Hedged Share Classes offered in the Fund aim to reduce the impact of exchange rate fluctuations between the underlying portfolio currency exposures of the Fund and the Valuation Currency of a Currency Hedged Share Class on returns of the Benchmark Index to investors in that Share Class, through entering into foreign exchange contracts for currency hedging.

Looking to diversify beyond MVEW.DE? The ETFs below have the lowest correlation with MVEW.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 MVEW.DE.

Best Diversifiers for MVEW.DE

16 ETFs have low correlation with MVEW.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) (Semiconductors) with a 1Y correlation of -0.02, down from 0.21 over 3 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (...-0.020.21—
97
Semiconductors, Technology EquitiesMVEW.DE vs SEC0.DE
XEON.DE
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C-0.01-0.02-0.02
99
Bank LoanMVEW.DE vs XEON.DE
NQSE.DE
iShares NASDAQ 100 UCITS ETF0.050.240.40
66
Nasdaq-100MVEW.DE vs NQSE.DE
QDVE.DE
iShares S&P 500 Information Technology Sector UCIT...0.100.290.46
65
Technology Equities, S&P 500MVEW.DE vs QDVE.DE
IS3N.DE
iShares Core MSCI Emerging Markets IMI UCITS ETF (...0.130.290.34
82
Emerging Markets EquitiesMVEW.DE vs IS3N.DE
See all 111 diversifiers for MVEW.DE

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Diversification Analysis

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