Looking to diversify beyond XAIX.DE? The ETFs below have the lowest correlation with XAIX.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 XAIX.DE.
Best Diversifiers for XAIX.DE
8 ETFs have low correlation with XAIX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.04 | -0.03 | 0.02 | 99 | Bank Loan | XAIX.DE vs XEON.DE | |
| Xtrackers MSCI World Utilities UCITS ETF 1C | 0.07 | 0.10 | 0.19 | 55 | Utilities Equities | XAIX.DE vs XDWU.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1D | 0.07 | 0.04 | 0.05 | 99 | Money Market | XAIX.DE vs XEOD.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.11 | 0.28 | 0.39 | 94 | Global Equities, Dividend | XAIX.DE vs VDIV.DE | |
| Amundi ETF MSCI EMU High Dividend UCITS ETF EUR | 0.17 | 0.24 | 0.38 | 71 | Europe Equities | XAIX.DE vs 18M2.DE |
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