Looking to diversify beyond XZEW.DE? The ETFs below have the lowest correlation with XZEW.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 XZEW.DE.
Best Diversifiers for XZEW.DE
2 ETFs have low correlation with XZEW.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 0.01, roughly unchanged from -0.08 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 | 0.01 | -0.08 | — | 99 | Bank Loan | XZEW.DE vs XEON.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.18 | 0.38 | — | 51 | Energy Equities, S&P 500 | XZEW.DE vs QDVF.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.36 | 0.43 | — | 65 | Technology Equities, S&P 500 | XZEW.DE vs QDVE.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.38 | 0.45 | — | 64 | Technology Equities | XZEW.DE vs XDWT.DE | |
| iShares S&P 500 Top 20 UCITS ETF USD Acc | 0.39 | — | — | 55 | S&P 500 | XZEW.DE vs IS20.DE |
See all 53 diversifiers for XZEW.DE
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