Looking to diversify beyond XMWJ.DE? The ETFs below have the lowest correlation with XMWJ.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 XMWJ.DE.
Best Diversifiers for XMWJ.DE
4 ETFs have low correlation with XMWJ.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree BioRevolution UCITS ETF USD Acc (WRNA.DE) (Health & Biotech Equities) with a 1Y correlation of 0.09, roughly unchanged from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree BioRevolution UCITS ETF USD Acc | 0.09 | 0.12 | — | 56 | Health & Biotech Equities | XMWJ.DE vs WRNA.DE | |
| WisdomTree Japan Equity UCITS ETF JPY Acc | 0.12 | 0.17 | 0.18 | 57 | Japan Equities | XMWJ.DE vs WTIZ.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.23 | 0.29 | 0.26 | 74 | Europe Equities | XMWJ.DE vs WTEE.DE | |
| WisdomTree Global Efficient Core UCITS ETF USD Acc... | 0.26 | — | — | 59 | Global Allocation | XMWJ.DE vs NTSG.DE | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.30 | 0.40 | 0.40 | 72 | Emerging Markets Equities | XMWJ.DE vs WTEI.DE |
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