Looking to diversify beyond XDEV.DE? The ETFs below have historically moved differently from XDEV.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for XDEV.DE
5 ETFs have low correlation with XDEV.DE (below 0.3), 2 of which are negatively correlated. The least correlated is Xtrackers MSCI World Energy UCITS ETF 1C (XDW0.DE) (Energy Equities) with a 1Y correlation of -0.04, down from 0.39 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.04 | 0.27 | 0.39 | 58 | Energy Equities | XDEV.DE vs XDW0.DE | |
| L&G Longer Dated All Commodities UCITS ETF | -0.01 | 0.13 | 0.20 | 69 | Commodities | XDEV.DE vs ETL2.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.06 | 0.07 | 0.05 | 95 | Ultrashort Bond | XDEV.DE vs IS3M.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.13 | 0.00 | 0.01 | 99 | Money Market | XDEV.DE vs XEON.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.13 | — | — | 72 | Commodities | XDEV.DE vs ENTR.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XDEV.DE
Add XDEV.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XDEV.DE