Looking to diversify beyond XMAW.DE? The ETFs below have the lowest correlation with XMAW.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 XMAW.DE.
Best Diversifiers for XMAW.DE
3 ETFs have low correlation with XMAW.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 | -0.03 | -0.01 | 99 | Bank Loan | XMAW.DE vs XEON.DE | |
| iShares Global Infrastructure UCITS ETF | 0.12 | 0.31 | 0.45 | 70 | Global Equities | XMAW.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.15 | 0.33 | — | 71 | Utilities Equities, Global Equities | XMAW.DE vs CBUX.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.37 | 0.52 | 0.62 | 94 | Global Equities, Dividend | XMAW.DE vs VDIV.DE | |
| Amundi MSCI Emerging Markets Latin America UCITS E... | 0.50 | 0.46 | 0.47 | 65 | Latin America Equities | XMAW.DE vs AMEL.DE |
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