Looking to diversify beyond C051.DE? The ETFs below have historically moved differently from C051.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for C051.DE
5 ETFs have low correlation with C051.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P 500 High Dividend Low Volatility UCITS ETF (HDLV.DE) (Dividend) with a 1Y correlation of 0.18, down from 0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 High Dividend Low Volatility UCITS... | 0.18 | 0.24 | 0.36 | 66 | Dividend, Low Volatility | C051.DE vs HDLV.DE | |
| Xtrackers MSCI North America High Dividend Yield U... | 0.21 | 0.25 | 0.38 | 94 | Dividend | C051.DE vs XDND.DE | |
| State Street SPDR S&P U.S. Dividend Aristocrats UC... | 0.22 | 0.28 | 0.40 | 77 | Dividend | C051.DE vs SPYD.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.27 | 0.22 | — | 90 | Semiconductors, Technology Equities | C051.DE vs LSMC.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.28 | 0.22 | 0.36 | 51 | Technology Equities | C051.DE vs LYPG.DE |
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