Looking to balance out your exposure to ABEA.DE? The ETFs below have the lowest correlation with ABEA.DE — they tend to move on their own, which can help reduce risk when ABEA.DE drops. The stock ideas table highlights individual companies that behave independently from ABEA.DE.
Best Diversifiers for ABEA.DE
3 ETFs have low correlation with ABEA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) (Global Equities) with a 1Y correlation of 0.23, down from 0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI World Value Factor UCITS ETF | 0.23 | 0.26 | 0.37 | 97 | Global Equities | ABEA.DE vs IS3S.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.28 | 0.38 | — | 92 | Semiconductors, Technology Equities | ABEA.DE vs LSMC.DE | |
| iShares MSCI EM Asia UCITS ETF (Acc) | 0.29 | 0.32 | 0.35 | 75 | Asia Pacific Equities | ABEA.DE vs CEBL.DE | |
| iShares MSCI World Information Technology Sector E... | 0.31 | 0.45 | 0.58 | 55 | Technology Equities | ABEA.DE vs AYEW.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.31 | 0.47 | 0.59 | 55 | Technology Equities, S&P 500 | ABEA.DE vs QDVE.DE |
See all 10 diversifiers for ABEA.DE
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