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HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

W311.DE is a passive ETF by HANetf tracking the investment results of the Indxx Global NextGen Healthcare. W311.DE launched on Apr 4, 2019 and has a 0.59% expense ratio.

Looking to diversify beyond W311.DE? The ETFs below have the lowest correlation with W311.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 W311.DE.

Best Diversifiers for W311.DE

0 ETFs have low correlation with W311.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree BioRevolution UCITS ETF USD Acc (WRNA.DE) (Health & Biotech Equities) with a 1Y correlation of 0.70, down from 0.83 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
WRNA.DE
WisdomTree BioRevolution UCITS ETF USD Acc0.700.770.83
56
Health & Biotech EquitiesW311.DE vs WRNA.DE
GN0M.DE
Global X Genomics & Biotechnology UCITS ETF0.710.77—
58
Health & Biotech EquitiesW311.DE vs GN0M.DE
2B70.DE
iShares Nasdaq US Biotechnology UCITS ETF0.810.770.78
71
Health & Biotech EquitiesW311.DE vs 2B70.DE
NBTK.DE
Invesco Nasdaq Biotech UCITS ETF0.810.770.79
71
Health & Biotech EquitiesW311.DE vs NBTK.DE

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Diversification Analysis

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