Looking to diversify beyond CEMR.DE? The ETFs below have the lowest correlation with CEMR.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 CEMR.DE.
Best Diversifiers for CEMR.DE
2 ETFs have low correlation with CEMR.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.03, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | 0.01 | 0.03 | 99 | Bank Loan | CEMR.DE vs XEON.DE | |
| iShares Global Corporate Bond UCITS ETF | 0.16 | 0.11 | 0.04 | 50 | Global Corporate Bonds | CEMR.DE vs IS0X.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.34 | 0.51 | 0.60 | 57 | Europe Equities | CEMR.DE vs ELFC.DE | |
| SPDR MSCI USA Small Cap Value Weighted UCITS ETF | 0.38 | 0.48 | 0.55 | 91 | Small Cap Value Equities | CEMR.DE vs ZPRV.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.40 | 0.62 | 0.71 | 90 | Europe Equities | CEMR.DE vs EUPE.DE |
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