Looking to diversify beyond MWOJ.DE? The ETFs below have the lowest correlation with MWOJ.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 MWOJ.DE.
Best Diversifiers for MWOJ.DE
0 ETFs have low correlation with MWOJ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.48, down from 0.79 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.48 | 0.79 | — | 72 | Large Cap Blend Equities | MWOJ.DE vs IBCY.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.63 | 0.75 | — | 66 | Large Cap Blend Equities | MWOJ.DE vs USUE.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.73 | 0.75 | — | 94 | Semiconductors, Technology Equities | MWOJ.DE vs LSMC.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.83 | 0.86 | — | 67 | Robotics, Technology Equities | MWOJ.DE vs GOAI.DE | |
| Amundi Prime All Country World UCITS ETF Acc EUR | 0.83 | — | — | 75 | Global Equities | MWOJ.DE vs WEBN.DE |
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