Looking to diversify beyond XYLD.DE? The ETFs below have the lowest correlation with XYLD.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 XYLD.DE.
Best Diversifiers for XYLD.DE
7 ETFs have low correlation with XYLD.DE (below 0.3), 3 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 -0.13, roughly unchanged from -0.05 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 | -0.13 | -0.05 | -0.05 | 99 | Bank Loan | XYLD.DE vs XEON.DE | |
| Xtrackers MSCI Emerging Markets UCITS ETF 1C | -0.02 | -0.03 | -0.05 | 88 | Emerging Markets Equities | XYLD.DE vs XMME.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.01 | -0.01 | — | 86 | Corporate Bonds | XYLD.DE vs FRNE.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.12 | 0.13 | 0.04 | 86 | Technology Equities | XYLD.DE vs XAIX.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.14 | 0.14 | 0.06 | 64 | Technology Equities | XYLD.DE vs XDWT.DE |
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