Looking to diversify beyond XS5E.DE? The ETFs below have the lowest correlation with XS5E.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 XS5E.DE.
Best Diversifiers for XS5E.DE
2 ETFs have low correlation with XS5E.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 0.00, roughly unchanged from -0.01 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 | 0.00 | -0.01 | — | 99 | Bank Loan | XS5E.DE vs XEON.DE | |
| Xtrackers MSCI World Health Care UCITS ETF 1C | 0.22 | 0.33 | — | 53 | Health & Biotech Equities | XS5E.DE vs XDWH.DE | |
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | 0.31 | 0.36 | — | 53 | Defined Outcome, S&P 500 | XS5E.DE vs SPQH.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.34 | 0.36 | — | 81 | S&P 500, Defined Outcome | XS5E.DE vs SPQB.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.41 | — | — | 79 | S&P 500, Derivative Income | XS5E.DE vs XY7D.DE |
See all 29 diversifiers for XS5E.DE
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