Looking to balance out your exposure to XONA.DE? The ETFs below have the lowest correlation with XONA.DE — they tend to move on their own, which can help reduce risk when XONA.DE drops. The stock ideas table highlights individual companies that behave independently from XONA.DE.
Best Diversifiers for XONA.DE
3 ETFs have low correlation with XONA.DE (below 0.3), 3 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco FTSE All-World UCITS ETF | -0.21 | — | — | 72 | Global Equities | XONA.DE vs FWEA.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | -0.13 | 0.00 | 0.08 | 94 | Semiconductors, Technology Equities | XONA.DE vs LSMC.DE | |
| iShares Edge MSCI World Value Factor UCITS ETF | -0.02 | 0.23 | 0.33 | 97 | Global Equities | XONA.DE vs IS3S.DE |
Diversification Analysis
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