Looking to diversify beyond WELI.DE? The ETFs below have the lowest correlation with WELI.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 WELI.DE.
Best Diversifiers for WELI.DE
0 ETFs have low correlation with WELI.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.40, roughly unchanged from 0.41 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.40 | 0.41 | — | 87 | Semiconductors, Technology Equities | WELI.DE vs LSMC.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.40 | 0.45 | — | 58 | Nasdaq-100 | WELI.DE vs 6AQQ.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.44 | 0.46 | 0.47 | 76 | Financials Equities | WELI.DE vs LYBK.DE | |
| Amundi S&P 500 UCITS ETF EUR | 0.44 | 0.53 | 0.53 | 73 | S&P 500 | WELI.DE vs AUM5.DE | |
| BNP Paribas Easy ECPI Global ESG Infrastructure UC... | 0.45 | 0.57 | 0.59 | 91 | Global Equities, ESG, Industrials Equities | WELI.DE vs XU61.DE |
See all 18 diversifiers for WELI.DE
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