Looking to diversify beyond DAVV.DE? The ETFs below have the lowest correlation with DAVV.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 DAVV.DE.
Best Diversifiers for DAVV.DE
2 ETFs have low correlation with DAVV.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Oil Services UCITS ETF A (V0IH.DE) (Energy Equities) with a 1Y correlation of 0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Oil Services UCITS ETF A | 0.07 | 0.18 | 0.18 | 90 | Energy Equities | DAVV.DE vs V0IH.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.13 | 0.24 | 0.29 | 88 | Global Equities, Dividend | DAVV.DE vs VDIV.DE | |
| Amundi S&P Global Materials ESG UCITS ETF EUR Acc | 0.33 | 0.35 | 0.36 | 51 | Industrials Equities | DAVV.DE vs WELI.DE | |
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.35 | 0.35 | — | 87 | Commodity Producers Equities | DAVV.DE vs VVMX.DE | |
| SPDR S&P 400 US Mid Cap UCITS ETF | 0.44 | 0.44 | 0.49 | 55 | Mid Cap Blend Equities | DAVV.DE vs SPY4.DE |
See all 36 diversifiers for DAVV.DE
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