Looking to diversify beyond 5CH6.DE? The ETFs below have the lowest correlation with 5CH6.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 5CH6.DE.
Best Diversifiers for 5CH6.DE
8 ETFs have low correlation with 5CH6.DE (below 0.3), 8 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.80, roughly unchanged from -0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.80 | -0.79 | -0.79 | 100 | Government Bonds, Ultrashort Bond | 5CH6.DE vs USFR | |
| ProShares UltraShort Yen | -0.67 | -0.58 | -0.57 | 61 | Leveraged Currency | 5CH6.DE vs YCS | |
| Simplify Currency Strategy ETF | -0.41 | — | — | 70 | Leveraged Currency | 5CH6.DE vs FOXY | |
| WisdomTree US High Dividend Fund | -0.30 | -0.27 | -0.25 | 62 | Large Cap Value Equities, Dividend | 5CH6.DE vs DHS | |
| WisdomTree U.S. Quality Dividend Growth Fund | -0.24 | -0.28 | -0.26 | 60 | Dividend, Large Cap Growth Equities | 5CH6.DE vs DGRW |
See all 8 diversifiers for 5CH6.DE
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