Looking to diversify beyond XD5E.DE? The ETFs below have the lowest correlation with XD5E.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 XD5E.DE.
Best Diversifiers for XD5E.DE
2 ETFs have low correlation with XD5E.DE (below 0.3), 1 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (GSDE.DE) (Commodities) with a 1Y correlation of -0.16, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.16 | -0.02 | 0.04 | 74 | Commodities | XD5E.DE vs GSDE.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.07 | -0.00 | 0.02 | 99 | Bank Loan | XD5E.DE vs XEON.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.54 | 0.53 | 0.61 | 86 | Technology Equities | XD5E.DE vs XAIX.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.55 | 0.68 | 0.77 | 55 | Europe Equities | XD5E.DE vs ELFC.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.57 | 0.51 | 0.60 | 64 | Technology Equities | XD5E.DE vs XDWT.DE |
See all 28 diversifiers for XD5E.DE
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