Looking to diversify beyond WELE.DE? The ETFs below have the lowest correlation with WELE.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 WELE.DE.
Best Diversifiers for WELE.DE
1 ETFs have low correlation with WELE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF (Acc) (QDVF.DE) (Energy Equities) with a 1Y correlation of 0.09, down from 0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.09 | 0.32 | — | 51 | Energy Equities, S&P 500 | WELE.DE vs QDVF.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.33 | 0.38 | — | 94 | Semiconductors, Technology Equities | WELE.DE vs LSMC.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.36 | 0.44 | — | 65 | Technology Equities, S&P 500 | WELE.DE vs QDVE.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.39 | 0.46 | — | 64 | Technology Equities | WELE.DE vs LYPG.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.48 | 0.54 | — | 50 | S&P 500, Defined Outcome | WELE.DE vs SPQB.DE |
See all 37 diversifiers for WELE.DE
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