Looking to diversify beyond 6PSE.DE? The ETFs below have the lowest correlation with 6PSE.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 6PSE.DE.
Best Diversifiers for 6PSE.DE
7 ETFs have low correlation with 6PSE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) (CLO) with a 1Y correlation of -0.12, roughly unchanged from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EUR AAA CLO UCITS ETF Acc | -0.12 | -0.06 | -0.06 | 93 | CLO | 6PSE.DE vs CLOA.DE | |
| Invesco Bloomberg Commodity ex-Agriculture UCITS E... | 0.02 | 0.14 | — | 52 | Commodities | 6PSE.DE vs XAAG.DE | |
| Invesco EUR AAA CLO UCITS ETF Dist | 0.02 | — | — | 98 | CLO | 6PSE.DE vs CLOD.DE | |
| Invesco European Utilities Sector UCITS ETF | 0.12 | 0.10 | — | 66 | Utilities Equities | 6PSE.DE vs SC0Z.DE | |
| Invesco European Oil & Gas Sector UCITS ETF | 0.14 | 0.24 | 0.28 | 78 | Energy Equities | 6PSE.DE vs SC0V.DE |
See all 89 diversifiers for 6PSE.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements 6PSE.DE
Add 6PSE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with 6PSE.DE