Looking to diversify beyond XNZE.DE? The ETFs below have the lowest correlation with XNZE.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 XNZE.DE.
Best Diversifiers for XNZE.DE
0 ETFs have low correlation with XNZE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.51, roughly unchanged from 0.57 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.51 | 0.57 | — | 63 | Europe Equities | XNZE.DE vs FLXD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.52 | 0.53 | — | 55 | Europe Equities | XNZE.DE vs IBCJ.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.54 | 0.64 | — | 55 | Europe Equities | XNZE.DE vs ELFC.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.63 | 0.68 | — | 74 | Europe Equities | XNZE.DE vs WTEE.DE | |
| Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 0.65 | 0.61 | — | 63 | Momentum, Global Equities | XNZE.DE vs XDEM.DE |
See all 13 diversifiers for XNZE.DE
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