Looking to diversify beyond XPQP.DE? The ETFs below have the lowest correlation with XPQP.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 XPQP.DE.
Best Diversifiers for XPQP.DE
3 ETFs have low correlation with XPQP.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) (Bank Loan) with a 1Y correlation of 0.02, roughly unchanged from -0.02 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 | 0.02 | 0.03 | -0.02 | 99 | Bank Loan | XPQP.DE vs XEON.DE | |
| iShares Emerging Markets Dividend UCITS ETF | 0.25 | 0.28 | 0.27 | 74 | Emerging Markets Equities | XPQP.DE vs EUNY.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.27 | 0.28 | 0.28 | 64 | Technology Equities | XPQP.DE vs XDWT.DE | |
| Xtrackers Nasdaq 100 UCITS ETF 1C | 0.30 | 0.29 | 0.29 | 71 | Nasdaq-100 | XPQP.DE vs XNAS.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.30 | 0.31 | 0.31 | 86 | Technology Equities | XPQP.DE vs XAIX.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements XPQP.DE
Add XPQP.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with XPQP.DE