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Xtrackers IE Physical Silver (EUR Hedged) ETC Securities (XSLE.DE) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The Xtrackers IE Physical Silver EUR Hedged ETC (XSLE) provides EUR-hedged exposure to the spot price of silver, as measured by the LBMA Silver Price. The ETC is fully backed by physical silver held in secured London vaults. It has a total expense ratio of 0.73% p.a. (comprising a 0.38% base fee and a 0.35% FX hedging fee), was launched on May 21, 2020, is domiciled in Ireland, and is issued by Xtrackers (DWS).

Looking to diversify beyond XSLE.DE? The ETFs below have the lowest correlation with XSLE.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 XSLE.DE.

Best Diversifiers for XSLE.DE

9 ETFs have low correlation with XSLE.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 0.10, roughly unchanged from 0.06 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
XEON.DE
Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C0.100.050.06
99
Bank LoanXSLE.DE vs XEON.DE
XNAQ.L
Xtrackers Nasdaq 100 UCITS ETF 1C0.160.080.09
78
Nasdaq-100XSLE.DE vs XNAQ.L
XDWT.DE
Xtrackers MSCI World Information Technology UCITS ...0.170.110.13
64
Technology EquitiesXSLE.DE vs XDWT.DE
XDEQ.L
Xtrackers MSCI World Quality Factor UCITS ETF 1C0.170.090.10
70
Global EquitiesXSLE.DE vs XDEQ.L
XAIX.DE
Xtrackers Artificial Intelligence & Big Data UCITS...0.180.120.15
86
Technology EquitiesXSLE.DE vs XAIX.DE
See all 33 diversifiers for XSLE.DE

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from XSLE.DE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to XSLE.DE and solid risk/return profiles. The least correlated is Planet Labs PBC (PL) (Industrials) with a 1Y correlation of 0.13, roughly unchanged from 0.16 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PL
Planet Labs PBC0.130.170.16
99
Industrials
AII.TO
Almonty Industries Inc.0.260.180.14
96
Basic Materials
HYMC
Hycroft Mining Holding Corporation0.460.400.39
97
Basic Materials
GGP.L
Greatland Gold plc0.480.260.20
87
Basic Materials
ATYM.L
Atalaya Mining Ltd0.530.370.29
82
Basic Materials
See all 8 low-correlation stocks for XSLE.DE

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Diversification Analysis

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