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
0 ETFs have low correlation with PSWD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Global Infrastructure UCITS ETF (IQQI.DE) (Global Equities) with a 1Y correlation of 0.34, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Global Infrastructure UCITS ETF | 0.34 | 0.51 | 0.57 | 63 | Global Equities | PSWD.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.36 | 0.52 | — | 66 | Utilities Equities, Global Equities | PSWD.DE vs CBUX.DE | |
| Invesco EURO STOXX Optimised Banks UCITS ETF | 0.55 | 0.53 | 0.58 | 64 | Financials Equities | PSWD.DE vs S7XE.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.60 | 0.73 | 0.79 | 93 | Global Equities, Dividend | PSWD.DE vs VDIV.DE | |
| Lyxor Global Gender Equality (DR) UCITS ETF - Acc | 0.61 | 0.72 | 0.81 | 51 | Global Equities | PSWD.DE vs VOOM.DE |
See all 104 diversifiers for PSWD.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements PSWD.DE
Add PSWD.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PSWD.DE