Looking to diversify beyond CNAA.DE? The ETFs below have the lowest correlation with CNAA.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 CNAA.DE.
Best Diversifiers for CNAA.DE
3 ETFs have low correlation with CNAA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck New China ESG UCITS ETF A (CEBG.DE) (China Equities) with a 1Y correlation of 0.27, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck New China ESG UCITS ETF A | 0.27 | 0.19 | 0.20 | 52 | China Equities | CNAA.DE vs CEBG.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.28 | 0.18 | 0.20 | 64 | Technology Equities | CNAA.DE vs LYPG.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.30 | 0.22 | 0.25 | 67 | Robotics, Technology Equities | CNAA.DE vs GOAI.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.31 | 0.20 | 0.21 | 72 | Nasdaq-100 | CNAA.DE vs 6AQQ.DE | |
| Amundi S&P 500 UCITS ETF EUR | 0.31 | 0.20 | 0.22 | 69 | S&P 500 | CNAA.DE vs AUM5.DE |
See all 13 diversifiers for CNAA.DE
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