Looking to diversify beyond WTDM.DE? The ETFs below have the lowest correlation with WTDM.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 WTDM.DE.
Best Diversifiers for WTDM.DE
4 ETFs have low correlation with WTDM.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 -0.04, down from 0.13 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Broad Commodities UCITS ETF | -0.04 | 0.13 | — | 60 | Commodities | WTDM.DE vs PCOM.DE | |
| Invesco EUR AAA CLO UCITS ETF Acc | 0.01 | — | — | 91 | CLO | WTDM.DE vs CLOA.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.11 | 0.28 | 0.31 | 51 | Energy Equities, S&P 500 | WTDM.DE vs QDVF.DE | |
| WisdomTree Silver | 0.21 | 0.11 | 0.13 | 52 | Silver, Precious Metals | WTDM.DE vs SLVR.DE | |
| iShares Euro Dividend UCITS ETF | 0.38 | 0.31 | 0.41 | 53 | Dividend | WTDM.DE vs IQQA.DE |
See all 17 diversifiers for WTDM.DE
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