Looking to diversify beyond MWOP.DE? The ETFs below have the lowest correlation with MWOP.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 MWOP.DE.
Best Diversifiers for MWOP.DE
2 ETFs have low correlation with MWOP.DE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF | 0.12 | — | — | 70 | Global Equities | MWOP.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.14 | — | — | 71 | Utilities Equities, Global Equities | MWOP.DE vs CBUX.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.35 | — | — | 94 | Global Equities, Dividend | MWOP.DE vs VDIV.DE | |
| Xtrackers Developed Green Real Estate ESG UCITS ET... | 0.43 | — | — | 51 | REIT, ESG, Global Equities | MWOP.DE vs XDRE.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.51 | — | — | 74 | Financials Equities | MWOP.DE vs LYBK.DE |
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