Looking to diversify beyond XDJP.DE? The ETFs below have the lowest correlation with XDJP.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 XDJP.DE.
Best Diversifiers for XDJP.DE
1 ETFs have low correlation with XDJP.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 0.10, roughly unchanged from 0.00 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 | 0.10 | -0.00 | 0.00 | 99 | Bank Loan | XDJP.DE vs XEON.DE | |
| Xtrackers MSCI Korea UCITS ETF 1C | 0.57 | 0.50 | 0.51 | 96 | Asia Pacific Equities | XDJP.DE vs DBX8.DE | |
| Xtrackers MSCI World Quality Factor UCITS ETF 1C | 0.62 | 0.64 | 0.65 | 58 | Global Equities | XDJP.DE vs XDEQ.DE | |
| Vanguard FTSE North America UCITS ETF (USD) Accumu... | 0.63 | 0.62 | 0.62 | 68 | Large Cap Blend Equities | XDJP.DE vs VNRA.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.63 | 0.59 | 0.61 | 64 | Technology Equities | XDJP.DE vs XDWT.DE |
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