Looking to diversify beyond WELJ.DE? The ETFs below have the lowest correlation with WELJ.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 WELJ.DE.
Best Diversifiers for WELJ.DE
0 ETFs have low correlation with WELJ.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 0.48, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.48 | 0.54 | 0.56 | 94 | Semiconductors, Technology Equities | WELJ.DE vs LSMC.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.53 | 0.60 | 0.62 | 65 | Technology Equities, S&P 500 | WELJ.DE vs QDVE.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.58 | 0.63 | 0.65 | 64 | Technology Equities | WELJ.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.60 | 0.69 | 0.72 | 67 | Robotics, Technology Equities | WELJ.DE vs GOAI.DE | |
| Amundi Prime All Country World UCITS ETF Acc EUR | 0.67 | 0.74 | 0.74 | 75 | Global Equities | WELJ.DE vs WEBN.DE |
See all 8 diversifiers for WELJ.DE
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