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
1 ETFs have low correlation with MWOW.DE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Index FTSE EPRA NAREIT Global UCITS ETF EUR... | 0.22 | — | — | 54 | REIT | MWOW.DE vs 10AJ.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.39 | — | — | 71 | Financials Equities | MWOW.DE vs LYBK.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 0.48 | — | — | 55 | Europe Equities | MWOW.DE vs LYP6.DE | |
| iShares Edge MSCI USA Momentum Factor UCITS ETF | 0.72 | — | — | 82 | Momentum, Large Cap Growth Equities | MWOW.DE vs QDVA.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.72 | — | — | 94 | Semiconductors, Technology Equities | MWOW.DE vs LSMC.DE |
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