Looking to diversify beyond WELU.DE? The ETFs below have the lowest correlation with WELU.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 WELU.DE.
Best Diversifiers for WELU.DE
1 ETFs have low correlation with WELU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Index FTSE EPRA NAREIT Global UCITS ETF EUR Dist (10AJ.DE) (REIT) with a 1Y correlation of 0.07, down from 0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Index FTSE EPRA NAREIT Global UCITS ETF EUR... | 0.07 | 0.20 | — | 64 | REIT | WELU.DE vs 10AJ.DE | |
| Avantis Global Small Cap Value UCITS ETF USD Acc | 0.35 | — | — | 92 | Foreign Small & Mid Cap Equities | WELU.DE vs AVWS.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.38 | 0.29 | — | 76 | Financials Equities | WELU.DE vs LYBK.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 0.43 | 0.46 | — | 60 | Europe Equities | WELU.DE vs LYP6.DE | |
| L&G Cyber Security UCITS ETF | 0.53 | 0.63 | — | 52 | Technology Equities | WELU.DE vs USPY.DE |
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