Looking to diversify beyond 5MVW.DE? The ETFs below have the lowest correlation with 5MVW.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 5MVW.DE.
Best Diversifiers for 5MVW.DE
28 ETFs have low correlation with 5MVW.DE (below 0.3), 20 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (NQSE.DE) (Nasdaq-100) with a 1Y correlation of -0.20, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | -0.20 | 0.02 | 0.13 | 66 | Nasdaq-100 | 5MVW.DE vs NQSE.DE | |
| iShares STOXX Europe 600 Banks UCITS ETF (DE) | -0.18 | 0.12 | 0.26 | 53 | Financials Equities | 5MVW.DE vs EXV1.DE | |
| Invesco Solar Energy UCITS ETF Acc | -0.10 | 0.13 | — | 87 | Energy Equities | 5MVW.DE vs S0LR.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | -0.09 | 0.17 | 0.25 | 82 | Emerging Markets Equities | 5MVW.DE vs IS3N.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.09 | 0.09 | 0.16 | 65 | Technology Equities, S&P 500 | 5MVW.DE vs QDVE.DE |
See all 42 diversifiers for 5MVW.DE
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Diversification Analysis
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