Looking to diversify beyond WTDX.DE? The ETFs below have the lowest correlation with WTDX.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 WTDX.DE.
Best Diversifiers for WTDX.DE
2 ETFs have low correlation with WTDX.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 -0.03, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Broad Commodities UCITS ETF | -0.03 | 0.14 | 0.15 | 60 | Commodities | WTDX.DE vs PCOM.DE | |
| WisdomTree Silver | 0.21 | 0.14 | 0.09 | 52 | Silver, Precious Metals | WTDX.DE vs SLVR.DE | |
| WisdomTree BioRevolution UCITS ETF USD Acc | 0.33 | 0.34 | 0.35 | 56 | Health & Biotech Equities | WTDX.DE vs WRNA.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.39 | 0.34 | 0.35 | 74 | Europe Equities | WTDX.DE vs WTEE.DE | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.39 | 0.42 | 0.44 | 72 | Emerging Markets Equities | WTDX.DE vs WTEI.DE |
See all 37 diversifiers for WTDX.DE
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