Looking to diversify beyond XDED.DE? The ETFs below have the lowest correlation with XDED.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 XDED.DE.
Best Diversifiers for XDED.DE
2 ETFs have low correlation with XDED.DE (below 0.3), 1 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 -0.03, roughly unchanged from -0.08 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 | -0.03 | -0.08 | -0.08 | 99 | Bank Loan | XDED.DE vs XEON.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.19 | 0.38 | 0.40 | 51 | Energy Equities, S&P 500 | XDED.DE vs QDVF.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.40 | 0.46 | 0.45 | 65 | Technology Equities, S&P 500 | XDED.DE vs QDVE.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.42 | 0.48 | — | 64 | Technology Equities | XDED.DE vs XDWT.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.45 | 0.53 | 0.53 | 86 | Technology Equities | XDED.DE vs XAIX.DE |
See all 35 diversifiers for XDED.DE
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