Looking to diversify beyond 5HED.DE? The ETFs below have the lowest correlation with 5HED.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 5HED.DE.
Best Diversifiers for 5HED.DE
0 ETFs have low correlation with 5HED.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.38, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.38 | 0.59 | 0.76 | 72 | Large Cap Blend Equities | 5HED.DE vs IBCY.DE | |
| Deka MSCI USA Climate Change ESG UCITS ETF | 0.43 | 0.54 | 0.72 | 61 | Large Cap Blend Equities | 5HED.DE vs D6RQ.DE | |
| Fidelity Sustainable Research Enhanced US Equity U... | 0.44 | 0.59 | 0.76 | 65 | Large Cap Blend Equities | 5HED.DE vs FUSR.DE | |
| Ossiam Bloomberg Japan PAB NR UCITS ETF (EUR) | 0.45 | 0.45 | — | 51 | Japan Equities | 5HED.DE vs OP5E.DE | |
| Franklin U.S. Equity UCITS ETF | 0.45 | 0.65 | 0.75 | 76 | Large Cap Blend Equities | 5HED.DE vs FLXU.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements 5HED.DE
Add 5HED.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 5HED.DE