Looking to diversify beyond PSWD.DE? The ETFs below have the lowest correlation with PSWD.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 PSWD.DE.
Best Diversifiers for PSWD.DE
1 ETFs have low correlation with PSWD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) (Energy Equities) with a 1Y correlation of 0.17, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | 0.17 | 0.40 | 0.48 | 60 | Energy Equities | PSWD.DE vs 5MVW.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.64 | 0.62 | 0.65 | 71 | Nasdaq-100 | PSWD.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.65 | 0.62 | 0.65 | 71 | Nasdaq-100 | PSWD.DE vs EQQB.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.65 | 0.62 | 0.65 | 74 | Nasdaq-100 | PSWD.DE vs EQQX.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.65 | 0.74 | 0.79 | 88 | Global Equities, Dividend | PSWD.DE vs VDIV.DE |
See all 90 diversifiers for PSWD.DE
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