Looking to diversify beyond WF1E.DE? The ETFs below have the lowest correlation with WF1E.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 WF1E.DE.
Best Diversifiers for WF1E.DE
0 ETFs have low correlation with WF1E.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) (Nasdaq-100) with a 1Y correlation of 0.45, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.45 | 0.48 | 0.48 | 74 | Nasdaq-100 | WF1E.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.45 | 0.48 | 0.48 | 71 | Nasdaq-100 | WF1E.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.46 | 0.48 | — | 71 | Nasdaq-100 | WF1E.DE vs EQQB.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.61 | 0.65 | 0.66 | 70 | S&P 500 | WF1E.DE vs D500.DE | |
| Invesco FTSE All-World UCITS ETF | 0.62 | 0.66 | 0.66 | 72 | Global Equities | WF1E.DE vs FWEA.DE |
See all 13 diversifiers for WF1E.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WF1E.DE
Add WF1E.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WF1E.DE