Looking to diversify beyond XGLE.DE? The ETFs below have the lowest correlation with XGLE.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 XGLE.DE.
Best Diversifiers for XGLE.DE
8 ETFs have low correlation with XGLE.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) (Money Market) with a 1Y correlation of -0.00, roughly unchanged from 0.03 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 | -0.00 | 0.02 | 0.03 | 99 | Money Market | XGLE.DE vs XEON.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.19 | 0.05 | 0.06 | 51 | Technology Equities | XGLE.DE vs XDWT.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.22 | 0.22 | 0.29 | 97 | European Government Bonds | XGLE.DE vs PRAB.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.22 | 0.08 | 0.08 | 69 | Nasdaq-100 | XGLE.DE vs XNAS.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.23 | 0.09 | 0.08 | 71 | Technology Equities | XGLE.DE vs XAIX.DE |
See all 15 diversifiers for XGLE.DE
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