Looking to diversify beyond MWOL.DE? The ETFs below have the lowest correlation with MWOL.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 MWOL.DE.
Best Diversifiers for MWOL.DE
0 ETFs have low correlation with MWOL.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) (Global Equities) with a 1Y correlation of 0.46, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Morningstar Developed Markets Dividend Lead... | 0.46 | 0.55 | 0.63 | 88 | Global Equities, Dividend | MWOL.DE vs VDIV.DE | |
| BNP Paribas Easy ECPI Global ESG Infrastructure UC... | 0.63 | 0.63 | 0.63 | 81 | Global Equities, ESG, Industrials Equities | MWOL.DE vs XU61.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.67 | 0.65 | 0.71 | 93 | Global Equities, Dividend | MWOL.DE vs ISPA.DE | |
| Invesco Global Buyback Achievers UCITS ETF | 0.67 | 0.71 | 0.75 | 66 | Global Equities | MWOL.DE vs BBCK.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.69 | 0.76 | 0.82 | 74 | Global Equities | MWOL.DE vs JPGL.DE |
See all 109 diversifiers for MWOL.DE
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