Looking to diversify beyond XDWI.DE? The ETFs below have the lowest correlation with XDWI.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 XDWI.DE.
Best Diversifiers for XDWI.DE
1 ETFs have low correlation with XDWI.DE (below 0.3), 1 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 -0.02, roughly unchanged from -0.02 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 | -0.02 | -0.05 | -0.02 | 99 | Bank Loan | XDWI.DE vs XEON.DE | |
| Lyxor STOXX Europe 600 Basic Resources UCITS ETF D... | 0.48 | 0.44 | 0.49 | 86 | Industrials Equities | XDWI.DE vs E6BR.DE | |
| iShares STOXX Europe 600 Basic Resources UCITS ETF... | 0.48 | 0.45 | 0.49 | 87 | Industrials Equities | XDWI.DE vs EXV6.DE | |
| Invesco European Basic Resources Sector UCITS ETF | 0.48 | 0.45 | 0.49 | 87 | Industrials Equities | XDWI.DE vs SC0W.DE | |
| Lyxor STOXX Europe 600 Basic Resources UCITS ETF A... | 0.48 | 0.44 | 0.50 | 87 | Industrials Equities | XDWI.DE vs LBRE.DE |
See all 18 diversifiers for XDWI.DE
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