Looking to diversify beyond ASRC.DE? The ETFs below have the lowest correlation with ASRC.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 ASRC.DE.
Best Diversifiers for ASRC.DE
1 ETFs have low correlation with ASRC.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II Harvest China Government Bond UCITS ETF (Dist) (CGB.DE) (Emerging Markets Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II Harvest China Government Bond UCITS E... | 0.04 | 0.04 | 0.10 | 75 | Emerging Markets Bonds | ASRC.DE vs CGB.DE | |
| VanEck Emerging Markets High Yield Bond UCITS ETF | 0.36 | 0.40 | 0.41 | 64 | Emerging Markets Bonds, High Yield Bonds | ASRC.DE vs HY3M.DE | |
| UBS ETF (LU) Bloomberg USD Emerging Markets Sovere... | 0.40 | 0.44 | 0.46 | 69 | Emerging Markets Bonds | ASRC.DE vs FRCK.DE | |
| iShares China CNY Bond UCITS ETF USD (Dist) | 0.41 | 0.33 | 0.31 | 71 | Emerging Markets Bonds | ASRC.DE vs ICGB.DE | |
| Goldman Sachs Access China Government Bond UCITS E... | 0.41 | 0.33 | 0.32 | 66 | Emerging Markets Bonds | ASRC.DE vs GASF.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ASRC.DE
Add ASRC.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASRC.DE