Looking to diversify beyond QUTM.DE? The ETFs below have the lowest correlation with QUTM.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 QUTM.DE.
Best Diversifiers for QUTM.DE
4 ETFs have low correlation with QUTM.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of -0.03, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.03 | -0.01 | -0.01 | 99 | Bank Loan | QUTM.DE vs XEON.DE | |
| VanEck Oil Services UCITS ETF A | 0.16 | — | — | 81 | Energy Equities | QUTM.DE vs V0IH.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.18 | 0.20 | 0.20 | 94 | Global Equities, Dividend | QUTM.DE vs VDIV.DE | |
| VanEck Global Fallen Angel High Yield Bond UCITS E... | 0.23 | — | — | 66 | High Yield Bonds | QUTM.DE vs GFEA.DE | |
| VanEck J.P. Morgan EM Local Currency Bond UCITS ET... | 0.35 | — | — | 72 | Emerging Markets Bonds | QUTM.DE vs EM1C.DE |
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