Looking to diversify beyond WTD8.DE? The ETFs below have historically moved differently from WTD8.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for WTD8.DE
6 ETFs have low correlation with WTD8.DE (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Broad Commodities UCITS ETF (PCOM.DE) (Commodities) with a 1Y correlation of -0.02, down from 0.17 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Broad Commodities UCITS ETF | -0.02 | 0.17 | — | 65 | Commodities | WTD8.DE vs PCOM.DE | |
| Invesco S&P 500 High Dividend Low Volatility UCITS... | 0.03 | 0.19 | 0.27 | 59 | Dividend, Low Volatility | WTD8.DE vs HDLV.DE | |
| State Street SPDR S&P U.S. Dividend Aristocrats UC... | 0.13 | 0.26 | 0.31 | 73 | Dividend | WTD8.DE vs SPYD.DE | |
| Xtrackers MSCI North America High Dividend Yield U... | 0.15 | 0.32 | 0.35 | 94 | Dividend | WTD8.DE vs XDND.DE | |
| WisdomTree US Equity Income UCITS ETF | 0.18 | 0.32 | 0.37 | 92 | Dividend | WTD8.DE vs WTEU.DE |
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