Looking to diversify beyond WEBA.DE? The ETFs below have the lowest correlation with WEBA.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 WEBA.DE.
Best Diversifiers for WEBA.DE
1 ETFs have low correlation with WEBA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Euro Stoxx Banks UCITS ETF Acc (LYBK.DE) (Financials Equities) with a 1Y correlation of 0.29, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.29 | 0.26 | 0.28 | 74 | Financials Equities | WEBA.DE vs LYBK.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 0.53 | 0.56 | — | 60 | Europe Equities | WEBA.DE vs LYP6.DE | |
| iShares MSCI Europe Information Technology Sector ... | 0.69 | 0.69 | — | 76 | Technology Equities | WEBA.DE vs ESIT.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.70 | 0.70 | — | 95 | Semiconductors, Technology Equities | WEBA.DE vs LSMC.DE | |
| SPDR MSCI Europe Technology UCITS ETF | 0.70 | 0.70 | — | 74 | Technology Equities | WEBA.DE vs SPYK.DE |
See all 33 diversifiers for WEBA.DE
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