Looking to diversify beyond XGBE.DE? The ETFs below have the lowest correlation with XGBE.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 XGBE.DE.
Best Diversifiers for XGBE.DE
9 ETFs have low correlation with XGBE.DE (below 0.3), 3 of which are negatively correlated. The least correlated is iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (SXRR.DE) (Corporate Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | -0.09 | -0.00 | -0.02 | 92 | Corporate Bonds | XGBE.DE vs SXRR.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.04 | -0.02 | 0.03 | 99 | Bank Loan | XGBE.DE vs XEON.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.02 | 0.01 | 0.03 | 92 | Corporate Bonds | XGBE.DE vs FRNE.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.11 | 0.17 | 0.19 | 58 | Corporate Bonds, ESG | XGBE.DE vs IS0Y.DE | |
| Amundi USD Floating Rate Corporate Bond ESG UCITS ... | 0.19 | 0.10 | 0.03 | 97 | Corporate Bonds, ESG | XGBE.DE vs FRNH.DE |
See all 13 diversifiers for XGBE.DE
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