Looking to diversify beyond CZX.DE? The ETFs below have the lowest correlation with CZX.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 CZX.DE.
Best Diversifiers for CZX.DE
7 ETFs have low correlation with CZX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Expat Romania BET UCITS ETF (ROX.DE) (Europe Equities) with a 1Y correlation of 0.12, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Expat Romania BET UCITS ETF | 0.12 | 0.11 | 0.17 | 96 | Europe Equities | CZX.DE vs ROX.DE | |
| Ossiam Shiller Barclays CAPE® Europe Sector Value ... | 0.12 | 0.19 | 0.26 | 92 | Europe Equities | CZX.DE vs EUPE.DE | |
| Amundi MSCI Europe High Dividend Factor UCITS ETF ... | 0.19 | 0.24 | 0.27 | 73 | Europe Equities | CZX.DE vs EHF1.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.20 | 0.22 | 0.27 | 87 | Europe Equities | CZX.DE vs FLXD.DE | |
| Expat Croatia Crobex UCITS ETF | 0.21 | 0.16 | 0.21 | 54 | Europe Equities | CZX.DE vs ECDC.DE |
See all 14 diversifiers for CZX.DE
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