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
18 ETFs have low correlation with WGLD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree USD Floating Rate Treasury Bond UCITS ETF USD (USFR.L) (Government Bonds) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree USD Floating Rate Treasury Bond UCITS E... | -0.05 | 0.04 | 0.08 | 97 | Government Bonds, Ultrashort Bond | WGLD.DE vs USFR.L | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.00 | 0.06 | 0.06 | 99 | Bank Loan | WGLD.DE vs XEON.DE | |
| WisdomTree Floating Rate Treasury Fund | 0.07 | 0.07 | 0.03 | 100 | Government Bonds, Ultrashort Bond | WGLD.DE vs USFR | |
| WisdomTree US Value ETF | 0.07 | 0.05 | 0.01 | 67 | Large Cap Value Equities | WGLD.DE vs WTV | |
| WisdomTree US Quality Dividend Growth UCITS ETF - ... | 0.10 | 0.06 | 0.02 | 73 | Large Cap Blend Equities, Dividend | WGLD.DE vs DGRG.L |
See all 31 diversifiers for WGLD.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements WGLD.DE
Add WGLD.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with WGLD.DE