Looking to diversify beyond XZW0.DE? The ETFs below have the lowest correlation with XZW0.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 XZW0.DE.
Best Diversifiers for XZW0.DE
1 ETFs have low correlation with XZW0.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 -0.01 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 | -0.03 | -0.01 | 99 | Bank Loan | XZW0.DE vs XEON.DE | |
| iShares EUR Corporate Bond 0-3yr ESG UCITS ETF EUR... | 0.32 | 0.26 | 0.23 | 51 | European Corporate Bonds | XZW0.DE vs QDVL.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.37 | 0.47 | 0.57 | 88 | Global Equities, Dividend | XZW0.DE vs VDIV.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.60 | 0.68 | 0.78 | 74 | Global Equities | XZW0.DE vs JPGL.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.61 | 0.58 | 0.66 | 93 | Global Equities, Dividend | XZW0.DE vs ISPA.DE |
See all 33 diversifiers for XZW0.DE
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