Looking to diversify beyond 5MVL.DE? The ETFs below have the lowest correlation with 5MVL.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 5MVL.DE.
Best Diversifiers for 5MVL.DE
5 ETFs have low correlation with 5MVL.DE (below 0.3), 1 of which are negatively correlated. The least correlated is HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) (Energy Equities) with a 1Y correlation of -0.07, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HANetf Alerian Midstream Energy Dividend UCITS ETF | -0.07 | 0.13 | 0.24 | 57 | Energy Equities | 5MVL.DE vs JMLP.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.01 | -0.02 | 0.04 | 99 | Bank Loan | 5MVL.DE vs XEON.DE | |
| L&G Longer Dated All Commodities UCITS ETF | 0.09 | 0.20 | 0.24 | 52 | Commodities | 5MVL.DE vs ETL2.DE | |
| iShares EUR Floating Rate Bond ESG UCITS ETF EUR (... | 0.10 | 0.10 | 0.05 | 80 | European Corporate Bonds | 5MVL.DE vs EFRN.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.23 | 0.42 | 0.47 | 94 | Global Equities, Dividend | 5MVL.DE vs VDIV.DE |
See all 103 diversifiers for 5MVL.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements 5MVL.DE
Add 5MVL.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 5MVL.DE