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
5 ETFs have low correlation with WRNA.DE (below 0.3), 2 of which are negatively correlated. The least correlated is HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (WELP.DE) (Health & Biotech Equities) with a 1Y correlation of -0.10, down from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf HAN-GINS Indxx Healthcare Megatrend Equal W... | -0.10 | 0.12 | — | 64 | Health & Biotech Equities, Equal Weight | WRNA.DE vs WELP.DE | |
| WisdomTree Enhanced Commodity UCITS ETF (EUR Hedge... | -0.08 | 0.03 | — | 67 | Commodities | WRNA.DE vs WTEH.DE | |
| WisdomTree Industrial Metals Enhanced | 0.02 | 0.01 | — | 84 | Metals | WRNA.DE vs XMWJ.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.22 | 0.33 | 0.38 | 91 | Europe Equities | WRNA.DE vs WTEE.DE | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.28 | 0.36 | — | 53 | Rare Earth & Strategic Metals | WRNA.DE vs VVMX.DE |
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