Looking to diversify beyond WTER.DE? The ETFs below have the lowest correlation with WTER.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 WTER.DE.
Best Diversifiers for WTER.DE
1 ETFs have low correlation with WTER.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, roughly unchanged from 0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Broad Commodities UCITS ETF | -0.02 | 0.05 | — | 60 | Commodities | WTER.DE vs PCOM.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.32 | 0.45 | — | 88 | Global Equities, Dividend | WTER.DE vs VDIV.DE | |
| WisdomTree Silver | 0.32 | 0.27 | — | 52 | Silver, Precious Metals | WTER.DE vs SLVR.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.35 | 0.42 | — | 74 | Europe Equities | WTER.DE vs WTEE.DE | |
| WisdomTree Japan Equity UCITS ETF JPY Acc | 0.39 | 0.41 | 0.41 | 57 | Japan Equities | WTER.DE vs WTIZ.DE |
See all 8 diversifiers for WTER.DE
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