Looking to balance out your exposure to RWE.DE? The ETFs below have the lowest correlation with RWE.DE — they tend to move on their own, which can help reduce risk when RWE.DE drops. The stock ideas table highlights individual companies that behave independently from RWE.DE.
Best Diversifiers for RWE.DE
2 ETFs have low correlation with RWE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) (Global Equities) with a 1Y correlation of 0.23, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI ACWI UCITS ETF (Acc) | 0.23 | 0.19 | 0.22 | 76 | Global Equities | RWE.DE vs IUSQ.DE | |
| iShares Edge MSCI World Value Factor UCITS ETF | 0.26 | 0.28 | 0.27 | 97 | Global Equities | RWE.DE vs IS3S.DE |
Diversification Analysis
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