Looking to diversify beyond XDEV.DE? The ETFs below have the lowest correlation with XDEV.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 XDEV.DE.
Best Diversifiers for XDEV.DE
5 ETFs have low correlation with XDEV.DE (below 0.3), 1 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.02, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.02 | 0.14 | 0.20 | 58 | Commodities | XDEV.DE vs ETL2.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | 0.03 | 0.33 | 0.43 | 56 | Energy Equities | XDEV.DE vs XDW0.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.08 | -0.03 | 0.01 | 99 | Bank Loan | XDEV.DE vs XEON.DE | |
| L&G New Energy Commodities UCITS ETF USD Accumulat... | 0.10 | — | — | 73 | Commodities | XDEV.DE vs ENTR.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.15 | 0.07 | 0.05 | 93 | Ultrashort Bond | XDEV.DE vs IS3M.DE |
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