Looking to diversify beyond 4COP.DE? The ETFs below have the lowest correlation with 4COP.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 4COP.DE.
Best Diversifiers for 4COP.DE
3 ETFs have low correlation with 4COP.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Nasdaq 100 Covered Call UCITS ETF D (QYLE.DE) (Nasdaq-100) with a 1Y correlation of 0.12, roughly unchanged from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.12 | 0.18 | — | 57 | Nasdaq-100, Options Trading | 4COP.DE vs QYLE.DE | |
| UBS ETF (IE) MSCI USA Value UCITS ETF (USD) A-dis | 0.29 | 0.27 | — | 70 | Large Cap Value Equities | 4COP.DE vs UBU5.DE | |
| Xtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.29 | 0.32 | — | 55 | S&P 500 | 4COP.DE vs XDEW.DE | |
| WisdomTree BioRevolution UCITS ETF USD Acc | 0.31 | 0.34 | — | 56 | Health & Biotech Equities | 4COP.DE vs WRNA.DE | |
| Global X Wind Energy UCITS ETF USD Accumulating | 0.36 | 0.43 | — | 67 | Energy Equities | 4COP.DE vs WNDY.DE |
See all 20 diversifiers for 4COP.DE
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