Looking to diversify beyond MWOW.DE? The ETFs below have the lowest correlation with MWOW.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 MWOW.DE.
Best Diversifiers for MWOW.DE
0 ETFs have low correlation with MWOW.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA.DE) (Momentum) with a 1Y correlation of 0.74, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Momentum Factor UCITS ETF | 0.74 | 0.78 | 0.78 | 65 | Momentum, Large Cap Growth Equities | MWOW.DE vs QDVA.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.76 | 0.76 | 0.76 | 94 | Semiconductors, Technology Equities | MWOW.DE vs LSMC.DE | |
| Amundi Prime All Country World UCITS ETF Acc EUR | 0.79 | — | — | 75 | Global Equities | MWOW.DE vs WEBN.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.84 | — | — | 66 | Nasdaq-100 | MWOW.DE vs NQSE.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.85 | 0.88 | 0.88 | 67 | Robotics, Technology Equities | MWOW.DE vs GOAI.DE |
See all 19 diversifiers for MWOW.DE
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