Looking to diversify beyond XNZN.DE? The ETFs below have the lowest correlation with XNZN.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 XNZN.DE.
Best Diversifiers for XNZN.DE
0 ETFs have low correlation with XNZN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) (Europe Equities) with a 1Y correlation of 0.43, roughly unchanged from 0.45 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.43 | 0.45 | — | 55 | Europe Equities | XNZN.DE vs IBCJ.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.47 | 0.54 | 0.55 | 63 | Europe Equities | XNZN.DE vs FLXD.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.48 | 0.55 | — | 55 | Europe Equities | XNZN.DE vs ELFC.DE | |
| Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 0.49 | 0.53 | — | 63 | Momentum, Global Equities | XNZN.DE vs XDEM.DE | |
| Xtrackers Spanish Equity UCITS ETF | 0.56 | 0.57 | — | 66 | Europe Equities | XNZN.DE vs XESP.DE |
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