Looking to diversify beyond XDWD.DE? The ETFs below have the lowest correlation with XDWD.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 XDWD.DE.
Best Diversifiers for XDWD.DE
5 ETFs have low correlation with XDWD.DE (below 0.3), 2 of which are negatively correlated. The least correlated is Xtrackers Bloomberg Commodity Swap UCITS ETF 1C (XCMC.DE) (Commodities) with a 1Y correlation of -0.04, down from 0.15 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Bloomberg Commodity Swap UCITS ETF 1C | -0.04 | 0.15 | — | 54 | Commodities | XDWD.DE vs XCMC.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.03 | 0.26 | 0.34 | 59 | Energy Equities | XDWD.DE vs XDW0.DE | |
| Xtrackers Bloomberg Commodity ex-Agriculture & Liv... | 0.02 | 0.16 | 0.17 | 70 | Commodities | XDWD.DE vs XSVT.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.02 | -0.04 | -0.02 | 99 | Bank Loan | XDWD.DE vs XEON.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1D | 0.02 | -0.01 | -0.01 | 99 | Money Market | XDWD.DE vs XEOD.DE |
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