Looking to diversify beyond XWD1.DE? The ETFs below have the lowest correlation with XWD1.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 XWD1.DE.
Best Diversifiers for XWD1.DE
1 ETFs have low correlation with XWD1.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 0.03, 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 | 0.03 | -0.04 | -0.02 | 99 | Bank Loan | XWD1.DE vs XEON.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.46 | 0.55 | 0.64 | 88 | Global Equities, Dividend | XWD1.DE vs VDIV.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.65 | 0.62 | 0.68 | 93 | Global Equities, Dividend | XWD1.DE vs ISPA.DE | |
| Invesco Global Buyback Achievers UCITS ETF | 0.67 | 0.71 | 0.76 | 66 | Global Equities | XWD1.DE vs BBCK.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.69 | 0.76 | 0.83 | 74 | Global Equities | XWD1.DE vs JPGL.DE |
See all 28 diversifiers for XWD1.DE
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