Looking to diversify beyond CMOE.DE? The ETFs below have the lowest correlation with CMOE.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 CMOE.DE.
Best Diversifiers for CMOE.DE
11 ETFs have low correlation with CMOE.DE (below 0.3), 11 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 -0.15, down from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Global Active ESG Equity UCITS ETF USD Acc | -0.15 | -0.00 | — | 79 | Global Equities, ESG | CMOE.DE vs IQSA.DE | |
| Invesco FTSE All-World UCITS ETF Acc | -0.13 | — | — | 77 | Global Equities | CMOE.DE vs FWIA.DE | |
| Invesco FTSE All-World UCITS ETF | -0.13 | — | — | 72 | Global Equities | CMOE.DE vs FWEA.DE | |
| Invesco S&P 500 UCITS ETF | -0.12 | 0.01 | — | 70 | S&P 500 | CMOE.DE vs P500.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | -0.12 | 0.02 | — | 78 | S&P 500 | CMOE.DE vs 5ESG.DE |
See all 31 diversifiers for CMOE.DE
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