Looking to diversify beyond CHDVD.SW? The ETFs below have the lowest correlation with CHDVD.SW — 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 CHDVD.SW.
Best Diversifiers for CHDVD.SW
1 ETFs have low correlation with CHDVD.SW (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI World Materials Sector ESG UCITS ETF USD Inc USD (WMTS.SW) (Industrials Equities) with a 1Y correlation of 0.13, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI World Materials Sector ESG UCITS ETF ... | 0.13 | 0.07 | — | 80 | Industrials Equities | CHDVD.SW vs WMTS.SW |
Diversification Analysis
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