Looking to diversify beyond ASRW.DE? The ETFs below have the lowest correlation with ASRW.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 ASRW.DE.
Best Diversifiers for ASRW.DE
1 ETFs have low correlation with ASRW.DE (below 0.3), 0 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (EMEH.DE) (Commodities) with a 1Y correlation of 0.05, down from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | 0.05 | 0.21 | — | 77 | Commodities | ASRW.DE vs EMEH.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.53 | 0.58 | — | 88 | Global Equities, Dividend | ASRW.DE vs VDIV.DE | |
| Invesco Global Buyback Achievers UCITS ETF | 0.65 | 0.67 | — | 66 | Global Equities | ASRW.DE vs BBCK.DE | |
| JPMorgan Global Equity Multi-Factor UCITS ETF Accu... | 0.69 | 0.71 | — | 74 | Global Equities | ASRW.DE vs JPGL.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.71 | 0.66 | — | 93 | Global Equities, Dividend | ASRW.DE vs ISPA.DE |
See all 26 diversifiers for ASRW.DE
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