Looking to diversify beyond WTRE.DE? The ETFs below have the lowest correlation with WTRE.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 WTRE.DE.
Best Diversifiers for WTRE.DE
1 ETFs have low correlation with WTRE.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 | WTRE.DE vs PCOM.DE | |
| WisdomTree Silver | 0.31 | 0.26 | — | 52 | Silver, Precious Metals | WTRE.DE vs SLVR.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.35 | 0.41 | — | 74 | Europe Equities | WTRE.DE vs WTEE.DE | |
| WisdomTree Japan Equity UCITS ETF JPY Acc | 0.39 | 0.40 | — | 57 | Japan Equities | WTRE.DE vs WTIZ.DE | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.44 | 0.42 | 0.41 | 72 | Emerging Markets Equities | WTRE.DE vs WTEI.DE |
See all 8 diversifiers for WTRE.DE
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