Looking to diversify beyond WGLD.DE? The ETFs below have the lowest correlation with WGLD.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 WGLD.DE.
Best Diversifiers for WGLD.DE
21 ETFs have low correlation with WGLD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.01, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.01 | 0.06 | 0.06 | 99 | Bank Loan | WGLD.DE vs XEON.DE | |
| WisdomTree Floating Rate Treasury Fund | 0.06 | 0.06 | 0.03 | 100 | Government Bonds, Ultrashort Bond | WGLD.DE vs USFR | |
| iShares Global High Yield Corporate Bond UCITS ETF | 0.07 | 0.14 | 0.12 | 73 | High Yield Bonds | WGLD.DE vs HYEA.L | |
| WisdomTree U.S. Value Fund | 0.08 | 0.06 | 0.00 | 69 | Mid Cap Value Equities, Large Cap Value Equities | WGLD.DE vs WTV | |
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | 0.08 | 0.06 | 0.06 | 70 | Government Bonds, Ultrashort Bond | WGLD.DE vs USFR.L |
See all 25 diversifiers for WGLD.DE
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