Looking to diversify beyond XESP.DE? The ETFs below have the lowest correlation with XESP.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 XESP.DE.
Best Diversifiers for XESP.DE
1 ETFs have low correlation with XESP.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 0.11, roughly unchanged from 0.05 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 | 0.11 | 0.03 | 0.05 | 99 | Bank Loan | XESP.DE vs XEON.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.39 | 0.28 | 0.38 | 71 | Nasdaq-100 | XESP.DE vs XNAS.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.39 | 0.32 | 0.41 | 86 | Technology Equities | XESP.DE vs XAIX.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.40 | 0.28 | 0.37 | 64 | Technology Equities | XESP.DE vs XDWT.DE | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.41 | 0.39 | 0.50 | 55 | S&P 500 | XESP.DE vs XDEW.DE |
See all 27 diversifiers for XESP.DE
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