Looking to diversify beyond XDWM.DE? The ETFs below have the lowest correlation with XDWM.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 XDWM.DE.
Best Diversifiers for XDWM.DE
1 ETFs have low correlation with XDWM.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 0.04, 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 | 0.04 | -0.05 | -0.01 | 99 | Bank Loan | XDWM.DE vs XEON.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.33 | 0.40 | 0.49 | 64 | Technology Equities | XDWM.DE vs XDWT.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.34 | 0.46 | 0.53 | 86 | Technology Equities | XDWM.DE vs XAIX.DE | |
| VanEck Space Innovators UCITS ETF | 0.37 | 0.45 | — | 94 | Industrials Equities | XDWM.DE vs JEDI.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.39 | 0.45 | 0.51 | 71 | Nasdaq-100 | XDWM.DE vs XNAS.DE |
See all 16 diversifiers for XDWM.DE
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