Looking to diversify beyond XCHA.DE? The ETFs below have the lowest correlation with XCHA.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 XCHA.DE.
Best Diversifiers for XCHA.DE
6 ETFs have low correlation with XCHA.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares € Ultrashort Bond UCITS ETF (IS3M.DE) (Ultrashort Bond) with a 1Y correlation of -0.06, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Ultrashort Bond UCITS ETF | -0.06 | -0.03 | -0.02 | 93 | Ultrashort Bond | XCHA.DE vs IS3M.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.04 | -0.07 | -0.02 | 99 | Bank Loan | XCHA.DE vs XEON.DE | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.17 | 0.23 | — | 70 | Commodities | XCHA.DE vs XSVT.DE | |
| Amundi Prime Japan UCITS ETF | 0.25 | 0.22 | 0.23 | 52 | Japan Equities | XCHA.DE vs PRAJ.DE | |
| VanEck New China ESG UCITS ETF A | 0.26 | 0.19 | 0.20 | 52 | China Equities | XCHA.DE vs CEBG.DE |
See all 19 diversifiers for XCHA.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XCHA.DE
Add XCHA.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XCHA.DE