Looking to diversify beyond XMVE.DE? The ETFs below have the lowest correlation with XMVE.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 XMVE.DE.
Best Diversifiers for XMVE.DE
3 ETFs have low correlation with XMVE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Expat Romania BET UCITS ETF (ROX.DE) (Europe Equities) with a 1Y correlation of 0.05, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Expat Romania BET UCITS ETF | 0.05 | 0.08 | 0.16 | 97 | Europe Equities | XMVE.DE vs ROX.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.08 | 0.02 | 0.02 | 99 | Money Market | XMVE.DE vs XEON.DE | |
| Expat Slovenia SBI TOP UCITS ETF | 0.18 | 0.16 | 0.15 | 53 | Europe Equities | XMVE.DE vs SLQX.DE | |
| Xtrackers MSCI World Health Care UCITS ETF 1C | 0.31 | 0.33 | 0.40 | 51 | Health & Biotech Equities | XMVE.DE vs XDWH.DE | |
| Expat Hungary BUX UCITS ETF | 0.36 | 0.32 | 0.37 | 79 | Europe Equities | XMVE.DE vs HUBE.DE |
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