Looking to diversify beyond CSY8.DE? The ETFs below have the lowest correlation with CSY8.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 CSY8.DE.
Best Diversifiers for CSY8.DE
0 ETFs have low correlation with CSY8.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.42, down from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.42 | 0.39 | 0.52 | 65 | Technology Equities, S&P 500 | CSY8.DE vs QDVE.DE | |
| CSIF (IE) MSCI USA Tech 125 ESG Universal Blue UCI... | 0.45 | 0.41 | — | 50 | Technology Equities | CSY8.DE vs CSYU.DE | |
| iShares MSCI EM UCITS ETF (Acc) | 0.52 | 0.47 | 0.50 | 85 | Emerging Markets Equities | CSY8.DE vs EUNM.DE | |
| CSIF (IE) MSCI USA ESG Leaders Blue UCITS ETF B US... | 0.56 | 0.55 | 0.65 | 61 | Large Cap Blend Equities | CSY8.DE vs CSY2.DE | |
| Invesco MSCI USA ESG Universal Screened UCITS ETF ... | 0.68 | 0.62 | 0.72 | 63 | Large Cap Blend Equities | CSY8.DE vs ESGU.DE |
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