PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond WRNA.DE? The ETFs below have the lowest correlation with WRNA.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 WRNA.DE.

Best Diversifiers for WRNA.DE

4 ETFs have low correlation with WRNA.DE (below 0.3), 3 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity UCITS ETF (EUR Hedged) Acc (WTEH.DE) (Commodities) with a 1Y correlation of -0.08, down from 0.03 over 3 years.


Diversification Analysis

Build a portfolio that complements WRNA.DE

Add WRNA.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with WRNA.DE