Looking to diversify beyond MWOE.DE? The ETFs below have the lowest correlation with MWOE.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 MWOE.DE.
Best Diversifiers for MWOE.DE
3 ETFs have low correlation with MWOE.DE (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Cash UCITS ETF EUR Acc | -0.03 | — | — | 100 | Money Market | MWOE.DE vs YCSH.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | -0.03 | -0.03 | 99 | Bank Loan | MWOE.DE vs XEON.DE | |
| Amundi US Treasury Bond 0-1Y UCITS ETF EUR Hedged ... | 0.13 | 0.04 | — | 97 | Short-Term Bond | MWOE.DE vs PR1H.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.46 | 0.55 | — | 88 | Global Equities, Dividend | MWOE.DE vs VDIV.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.68 | 0.65 | 0.68 | 93 | Global Equities, Dividend | MWOE.DE vs ISPA.DE |
See all 36 diversifiers for MWOE.DE
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Diversification Analysis
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