Looking to diversify beyond XMOV.DE? The ETFs below have the lowest correlation with XMOV.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 XMOV.DE.
Best Diversifiers for XMOV.DE
1 ETFs have low correlation with XMOV.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 0.06, roughly unchanged from 0.00 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 | 0.06 | -0.03 | 0.00 | 99 | Bank Loan | XMOV.DE vs XEON.DE | |
| iShares Nasdaq US Biotechnology UCITS ETF | 0.37 | 0.40 | 0.40 | 92 | Health & Biotech Equities | XMOV.DE vs 2B70.DE | |
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.53 | 0.64 | 0.67 | 58 | Technology Equities | XMOV.DE vs ES6Y.DE | |
| Xtrackers STOXX Europe 600 UCITS ETF | 0.60 | 0.63 | 0.69 | 57 | Europe Equities | XMOV.DE vs XSX6.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.64 | 0.67 | 0.72 | 56 | Technology Equities, S&P 500 | XMOV.DE vs QDVE.DE |
See all 38 diversifiers for XMOV.DE
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