Looking to diversify beyond XAAG.DE? The ETFs below have the lowest correlation with XAAG.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 XAAG.DE.
Best Diversifiers for XAAG.DE
10 ETFs have low correlation with XAAG.DE (below 0.3), 3 of which are negatively correlated. The least correlated is Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) (Global Equities) with a 1Y correlation of -0.11, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | -0.11 | 0.01 | 0.01 | 72 | Global Equities | XAAG.DE vs FWEA.DE | |
| Invesco Global Active ESG Equity UCITS ETF USD Acc | -0.05 | 0.08 | 0.15 | 92 | Global Equities, ESG | XAAG.DE vs IQSA.DE | |
| Invesco FTSE All-World UCITS ETF Acc | -0.01 | — | — | 86 | Global Equities | XAAG.DE vs FWIA.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.01 | 0.14 | 0.17 | 86 | S&P 500 | XAAG.DE vs 5ESG.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.02 | 0.14 | — | 76 | Large Cap Blend Equities | XAAG.DE vs 6PSE.DE |
See all 20 diversifiers for XAAG.DE
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