Looking to diversify beyond XDEM.DE? The ETFs below have the lowest correlation with XDEM.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 XDEM.DE.
Best Diversifiers for XDEM.DE
6 ETFs have low correlation with XDEM.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 0.01 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 | -0.01 | 0.01 | 99 | Bank Loan | XDEM.DE vs XEON.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.08 | 0.02 | 0.04 | 95 | Ultrashort Bond | XDEM.DE vs IS3M.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.11 | — | — | 64 | Commodities | XDEM.DE vs ENTR.DE | |
| iShares Global Infrastructure UCITS ETF | 0.12 | 0.22 | 0.37 | 70 | Global Equities | XDEM.DE vs IQQI.DE | |
| Xtrackers MSCI World Utilities UCITS ETF 1C | 0.27 | 0.24 | 0.33 | 55 | Utilities Equities | XDEM.DE vs XDWU.DE |
See all 51 diversifiers for XDEM.DE
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