Looking to diversify beyond ASRD.DE? The ETFs below have the lowest correlation with ASRD.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 ASRD.DE.
Best Diversifiers for ASRD.DE
12 ETFs have low correlation with ASRD.DE (below 0.3), 7 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (GSDE.DE) (Commodities) with a 1Y correlation of -0.30, down from -0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.30 | -0.13 | -0.06 | 64 | Commodities | ASRD.DE vs GSDE.DE | |
| Xtrackers II Harvest China Government Bond UCITS E... | -0.24 | -0.26 | -0.20 | 69 | Emerging Markets Bonds | ASRD.DE vs CGB.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.22 | 0.00 | 0.09 | 50 | Commodities | ASRD.DE vs EMEH.DE | |
| iShares China CNY Bond UCITS ETF USD (Dist) | -0.19 | -0.23 | -0.18 | 68 | Emerging Markets Bonds | ASRD.DE vs ICGB.DE | |
| Goldman Sachs Access China Government Bond UCITS E... | -0.18 | -0.23 | -0.19 | 69 | Emerging Markets Bonds | ASRD.DE vs GASF.DE |
See all 45 diversifiers for ASRD.DE
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