Looking to diversify beyond WELW.DE? The ETFs below have the lowest correlation with WELW.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 WELW.DE.
Best Diversifiers for WELW.DE
11 ETFs have low correlation with WELW.DE (below 0.3), 7 of which are negatively correlated. The least correlated is Amundi MSCI World Information Technology UCITS ETF EUR Acc (LYPG.DE) (Technology Equities) with a 1Y correlation of -0.17, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI World Information Technology UCITS ETF... | -0.17 | -0.02 | 0.03 | 64 | Technology Equities | WELW.DE vs LYPG.DE | |
| VanEck Space Innovators UCITS ETF | -0.17 | 0.01 | — | 94 | Industrials Equities | WELW.DE vs JEDI.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | -0.15 | -0.08 | — | 94 | Semiconductors, Technology Equities | WELW.DE vs LSMC.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | -0.12 | 0.04 | 0.08 | 67 | Robotics, Technology Equities | WELW.DE vs GOAI.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | -0.06 | 0.08 | 0.13 | 71 | Nasdaq-100 | WELW.DE vs LYMS.DE |
See all 11 diversifiers for WELW.DE
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