Looking to diversify beyond ASRE.DE? The ETFs below have the lowest correlation with ASRE.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 ASRE.DE.
Best Diversifiers for ASRE.DE
10 ETFs have low correlation with ASRE.DE (below 0.3), 3 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 -0.29, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.29 | -0.15 | -0.10 | 74 | Commodities | ASRE.DE vs GSDE.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.22 | -0.10 | -0.05 | 77 | Commodities | ASRE.DE vs EMEH.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.00 | 0.02 | — | 86 | Corporate Bonds | ASRE.DE vs FRNE.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF EUR | 0.16 | 0.07 | 0.05 | 68 | S&P 500 | ASRE.DE vs ESEE.DE | |
| BNP Paribas Easy S&P 500 UCITS ETF | 0.17 | 0.07 | 0.05 | 74 | S&P 500 | ASRE.DE vs ESEA.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ASRE.DE
Add ASRE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASRE.DE