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
6 ETFs have low correlation with 5MVL.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares MSCI World Energy Sector UCITS ETF USD (Dist) (5MVW.DE) (Energy Equities) with a 1Y correlation of -0.01, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.01 | 0.21 | 0.29 | 60 | Energy Equities | 5MVL.DE vs 5MVW.DE | |
| iShares Diversified Commodity Swap UCITS ETF | -0.00 | 0.17 | 0.21 | 59 | Commodities | 5MVL.DE vs SXRS.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | -0.03 | 0.04 | 99 | Bank Loan | 5MVL.DE vs XEON.DE | |
| iShares EUR Floating Rate Bond ESG UCITS ETF EUR (... | 0.04 | 0.05 | 0.04 | 90 | European Corporate Bonds | 5MVL.DE vs EFRN.DE | |
| L&G Longer Dated All Commodities UCITS ETF | 0.07 | 0.21 | 0.24 | 57 | Commodities | 5MVL.DE vs ETL2.DE |
See all 100 diversifiers for 5MVL.DE
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