Looking to diversify beyond 0GZB.DE? The ETFs below have the lowest correlation with 0GZB.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 0GZB.DE.
Best Diversifiers for 0GZB.DE
10 ETFs have low correlation with 0GZB.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 1-3 Year Treasury Bond ETF (SHY) (Government Bonds) with a 1Y correlation of -0.23, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 1-3 Year Treasury Bond ETF | -0.23 | -0.29 | -0.28 | 77 | Government Bonds, Short-Term Bond | 0GZB.DE vs SHY | |
| BNP Paribas Easy S&P 500 UCITS ETF EUR | 0.23 | 0.13 | 0.17 | 68 | S&P 500 | 0GZB.DE vs ESEE.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.23 | 0.13 | 0.17 | 69 | S&P 500 | 0GZB.DE vs ESE.PA | |
| BNP Paribas Easy S&P 500 UCITS ETF USD | 0.24 | 0.16 | 0.19 | 73 | S&P 500 | 0GZB.DE vs ESAP.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.25 | 0.16 | 0.19 | 74 | S&P 500 | 0GZB.DE vs ESEA.DE |
See all 22 diversifiers for 0GZB.DE
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