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
9 ETFs have low correlation with WELW.DE (below 0.3), 8 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of -0.26, down from -0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | -0.26 | -0.13 | — | 87 | Semiconductors, Technology Equities | WELW.DE vs LSMC.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | -0.16 | 0.03 | 0.10 | 58 | Nasdaq-100 | WELW.DE vs 6AQQ.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | -0.15 | 0.03 | 0.10 | 58 | Nasdaq-100 | WELW.DE vs LYMS.DE | |
| L&G Clean Energy UCITS ETF | -0.14 | 0.04 | 0.07 | 73 | Energy Equities | WELW.DE vs RENW.DE | |
| JPMorgan AC Asia Pacific ex Japan Research Enhance... | -0.07 | 0.07 | — | 82 | Asia Pacific Equities | WELW.DE vs JREA.DE |
See all 11 diversifiers for WELW.DE
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