Looking to diversify beyond TSWE.DE? The ETFs below have the lowest correlation with TSWE.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 TSWE.DE.
Best Diversifiers for TSWE.DE
1 ETFs have low correlation with TSWE.DE (below 0.3), 0 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 0.05, roughly unchanged from 0.00 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 | 0.05 | -0.02 | 0.00 | 99 | Bank Loan | TSWE.DE vs XEON.DE | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.40 | 0.43 | — | 87 | Commodity Producers Equities | TSWE.DE vs VVMX.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.47 | 0.49 | 0.61 | 63 | Europe Equities | TSWE.DE vs FLXD.DE | |
| VanEck Space Innovators UCITS ETF | 0.52 | 0.51 | — | 94 | Industrials Equities | TSWE.DE vs JEDI.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.57 | 0.65 | 0.69 | 88 | Global Equities, Dividend | TSWE.DE vs VDIV.DE |
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