Looking to diversify beyond XDJE.DE? The ETFs below have the lowest correlation with XDJE.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 XDJE.DE.
Best Diversifiers for XDJE.DE
2 ETFs have low correlation with XDJE.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 0.08, 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 | 0.08 | -0.02 | -0.01 | 99 | Bank Loan | XDJE.DE vs XEON.DE | |
| Xtrackers MSCI World Health Care UCITS ETF 1C | 0.15 | 0.23 | 0.32 | 53 | Health & Biotech Equities | XDJE.DE vs XDWH.DE | |
| Xtrackers STOXX Europe 600 UCITS ETF | 0.58 | 0.56 | 0.62 | 63 | Europe Equities | XDJE.DE vs XSX6.DE | |
| iShares MSCI Japan Small Cap UCITS ETF (Dist) | 0.59 | 0.57 | 0.59 | 81 | Japan Equities, Asia Pacific Equities | XDJE.DE vs IUS4.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.66 | 0.60 | 0.62 | 72 | Nasdaq-100 | XDJE.DE vs XNAS.DE |
See all 31 diversifiers for XDJE.DE
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