Looking to diversify beyond XNNV.DE? The ETFs below have the lowest correlation with XNNV.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 XNNV.DE.
Best Diversifiers for XNNV.DE
1 ETFs have low correlation with XNNV.DE (below 0.3), 1 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 -0.03, roughly unchanged from -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.03 | -0.06 | — | 99 | Bank Loan | XNNV.DE vs XEON.DE | |
| VanEck Semiconductor UCITS ETF | 0.62 | 0.72 | — | 96 | Semiconductors, Technology Equities | XNNV.DE vs VVSM.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.63 | 0.69 | — | 94 | Semiconductors, Technology Equities | XNNV.DE vs LSMC.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.64 | 0.73 | — | 97 | Semiconductors, Technology Equities | XNNV.DE vs SEC0.DE | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | 0.66 | 0.66 | — | 88 | Emerging Markets Equities | XNNV.DE vs XMME.DE |
See all 36 diversifiers for XNNV.DE
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