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 Deka MSCI USA Climate Change ESG UCITS ETF (D6RQ.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.36, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Deka MSCI USA Climate Change ESG UCITS ETF | 0.36 | 0.51 | 0.69 | 62 | Large Cap Blend Equities | 5HED.DE vs D6RQ.DE | |
| Deka MSCI USA Large Cap UCITS ETF | 0.41 | 0.49 | 0.62 | 67 | Large Cap Blend Equities | 5HED.DE vs EL4I.DE | |
| L&G US ESG Exclusions Paris Aligned UCITS ETF USD ... | 0.41 | 0.57 | 0.74 | 61 | Large Cap Blend Equities | 5HED.DE vs DELG.DE | |
| Fidelity Sustainable Research Enhanced US Equity U... | 0.42 | 0.57 | 0.74 | 70 | Large Cap Blend Equities | 5HED.DE vs FUSR.DE | |
| Franklin U.S. Equity UCITS ETF | 0.42 | 0.63 | 0.74 | 84 | Large Cap Blend Equities | 5HED.DE vs FLXU.DE |
See all 42 diversifiers for 5HED.DE
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