Looking to diversify beyond AMED.DE? The ETFs below have the lowest correlation with AMED.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 AMED.DE.
Best Diversifiers for AMED.DE
0 ETFs have low correlation with AMED.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.53, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.53 | 0.61 | 0.71 | 63 | Europe Equities | AMED.DE vs FLXD.DE | |
| iShares MSCI Poland UCITS ETF USD (Acc) | 0.53 | 0.56 | 0.59 | 55 | Europe Equities | AMED.DE vs IBCJ.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.54 | 0.69 | 0.77 | 55 | Europe Equities | AMED.DE vs ELFC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.55 | 0.48 | 0.57 | 64 | Technology Equities | AMED.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.56 | 0.55 | 0.65 | 67 | Robotics, Technology Equities | AMED.DE vs GOAI.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AMED.DE
Add AMED.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AMED.DE