Looking to diversify beyond WTD8.DE? The ETFs below have the lowest correlation with WTD8.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 WTD8.DE.
Best Diversifiers for WTD8.DE
0 ETFs have low correlation with WTD8.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree BioRevolution UCITS ETF USD Acc (WRNA.DE) (Health & Biotech Equities) with a 1Y correlation of 0.36, roughly unchanged from 0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree BioRevolution UCITS ETF USD Acc | 0.36 | 0.39 | 0.39 | 78 | Health & Biotech Equities | WTD8.DE vs WRNA.DE | |
| WisdomTree Japan Equity UCITS ETF JPY Acc | 0.42 | 0.44 | 0.47 | 74 | Japan Equities, Asia Pacific Equities | WTD8.DE vs WTIZ.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.45 | 0.48 | 0.51 | 85 | Europe Equities | WTD8.DE vs WTEE.DE | |
| Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.52 | 0.49 | 0.46 | 67 | Emerging Markets Equities | WTD8.DE vs LEER.DE | |
| WisdomTree Global Efficient Core UCITS ETF USD Acc... | 0.56 | — | — | 74 | Global Allocation | WTD8.DE vs NTSG.DE |
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