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 0.04, 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 | 0.04 | -0.04 | 0.00 | 99 | Bank Loan | XMOV.DE vs XEON.DE | |
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.52 | 0.65 | 0.67 | 64 | Technology Equities | XMOV.DE vs ES6Y.DE | |
| VanEck Quantum Computing UCITS ETF A USD Acc | 0.64 | 0.63 | 0.63 | 52 | Technology Equities | XMOV.DE vs QUTM.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.64 | 0.67 | 0.72 | 65 | Technology Equities, S&P 500 | XMOV.DE vs QDVE.DE | |
| SPDR S&P US Technology Select Sector UCITS ETF | 0.64 | 0.69 | 0.73 | 65 | Technology Equities | XMOV.DE vs ZPDT.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XMOV.DE
Add XMOV.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XMOV.DE