Looking to diversify beyond XNKY.DE? The ETFs below have the lowest correlation with XNKY.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 XNKY.DE.
Best Diversifiers for XNKY.DE
1 ETFs have low correlation with XNKY.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) (Money Market) with a 1Y correlation of 0.13, up 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 | 0.13 | 0.02 | 0.01 | 99 | Money Market | XNKY.DE vs XEON.DE | |
| Xtrackers MSCI Malaysia UCITS ETF (Acc) | 0.35 | 0.29 | 0.30 | 64 | Asia Pacific Equities | XNKY.DE vs XCS3.DE | |
| Xtrackers MSCI Singapore UCITS ETF (Acc) | 0.42 | 0.42 | 0.44 | 80 | Asia Pacific Equities | XNKY.DE vs XBAS.DE | |
| iShares Dow Jones Asia Pacific Select Dividend 50 ... | 0.44 | 0.48 | 0.52 | 93 | Asia Pacific Equities | XNKY.DE vs EXXW.DE | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.44 | 0.50 | 0.53 | 76 | S&P 500, Equal Weight | XNKY.DE vs XDEW.DE |
See all 95 diversifiers for XNKY.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements XNKY.DE
Add XNKY.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XNKY.DE