Looking to diversify beyond XS7W.DE? The ETFs below have the lowest correlation with XS7W.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 XS7W.DE.
Best Diversifiers for XS7W.DE
2 ETFs have low correlation with XS7W.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 0.05, roughly unchanged from 0.03 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 | 0.05 | 0.00 | 0.03 | 99 | Bank Loan | XS7W.DE vs XEON.DE | |
| Xtrackers MSCI World Health Care UCITS ETF 1C | 0.21 | 0.31 | 0.39 | 53 | Health & Biotech Equities | XS7W.DE vs XDWH.DE | |
| Xtrackers Portfolio UCITS ETF (Acc) | 0.39 | 0.40 | 0.48 | 79 | Global Allocation | XS7W.DE vs DBX0.DE | |
| Amundi Multi-Asset Portfolio UCITS ETF (Dist) | 0.40 | 0.47 | 0.54 | 75 | Global Allocation | XS7W.DE vs F701.DE | |
| Amundi Multi-Asset Portfolio Offensive UCITS ETF (... | 0.47 | 0.51 | 0.55 | 75 | Global Allocation | XS7W.DE vs F703.DE |
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