Looking to diversify beyond VGWD.DE? The ETFs below have the lowest correlation with VGWD.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 VGWD.DE.
Best Diversifiers for VGWD.DE
2 ETFs have low correlation with VGWD.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 0.01, 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 | 0.01 | -0.04 | -0.00 | 99 | Bank Loan | VGWD.DE vs XEON.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.14 | 0.09 | 0.05 | 93 | Ultrashort Bond | VGWD.DE vs IS3M.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.38 | 0.43 | — | 57 | Nasdaq-100, Options Trading | VGWD.DE vs QYLE.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.38 | 0.40 | 0.50 | 65 | Technology Equities, S&P 500 | VGWD.DE vs QDVE.DE | |
| Lyxor STOXX Europe 600 Utilities UCITS ETF Acc | 0.40 | 0.40 | 0.46 | 56 | Utilities Equities | VGWD.DE vs LUTI.DE |
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