Looking to diversify beyond CLOD.DE? The ETFs below have the lowest correlation with CLOD.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 CLOD.DE.
Best Diversifiers for CLOD.DE
15 ETFs have low correlation with CLOD.DE (below 0.3), 3 of which are negatively correlated. The least correlated is Invesco Global Active ESG Equity UCITS ETF USD Acc (IQSA.DE) (Global Equities) with a 1Y correlation of -0.01, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Global Active ESG Equity UCITS ETF USD Acc | -0.01 | 0.01 | 0.01 | 79 | Global Equities, ESG | CLOD.DE vs IQSA.DE | |
| Fair Oaks AAA CLO UCITS ETF EUR Acc | -0.01 | 0.07 | 0.07 | 97 | CLO | CLOD.DE vs EAAA.DE | |
| Invesco FTSE All-World UCITS ETF Acc | -0.00 | — | — | 77 | Global Equities | CLOD.DE vs FWIA.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.00 | — | — | 67 | Large Cap Blend Equities | CLOD.DE vs 6PSE.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.02 | 0.02 | 0.02 | 70 | S&P 500 | CLOD.DE vs D500.DE |
See all 15 diversifiers for CLOD.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements CLOD.DE
Add CLOD.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CLOD.DE