Looking to diversify beyond XDG7.DE? The ETFs below have the lowest correlation with XDG7.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 XDG7.DE.
Best Diversifiers for XDG7.DE
6 ETFs have low correlation with XDG7.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi S&P Global Energy Carbon Reduced UCITS ETF EUR Acc (WELN.DE) (Energy Equities) with a 1Y correlation of -0.03, down from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi S&P Global Energy Carbon Reduced UCITS ETF ... | -0.03 | 0.18 | — | 57 | Energy Equities | XDG7.DE vs WELN.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.01 | -0.05 | — | 99 | Bank Loan | XDG7.DE vs XEON.DE | |
| VanEck Oil Services UCITS ETF A | 0.16 | 0.28 | — | 85 | Energy Equities | XDG7.DE vs V0IH.DE | |
| Amundi Global BioEnergy ESG Screened UCITS ETF EUR... | 0.23 | 0.43 | 0.42 | 85 | Energy Equities | XDG7.DE vs WDNR.DE | |
| iShares STOXX Europe 600 Oil & Gas UCITS ETF (DE) | 0.27 | 0.35 | 0.35 | 68 | Energy Equities | XDG7.DE vs EXH1.DE |
See all 28 diversifiers for XDG7.DE
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