Looking to diversify beyond DFOP.DE? The ETFs below have the lowest correlation with DFOP.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 DFOP.DE.
Best Diversifiers for DFOP.DE
4 ETFs have low correlation with DFOP.DE (below 0.3), 3 of which are negatively correlated. The least correlated is Amundi Nasdaq 100 UCITS ETF EUR (6AQQ.DE) (Nasdaq-100) with a 1Y correlation of -0.19, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Nasdaq 100 UCITS ETF EUR | -0.19 | -0.01 | 0.19 | 58 | Nasdaq-100 | DFOP.DE vs 6AQQ.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | -0.19 | -0.07 | 0.08 | 87 | Semiconductors, Technology Equities | DFOP.DE vs LSMC.DE | |
| Amundi S&P 500 UCITS ETF EUR | -0.06 | 0.10 | 0.28 | 73 | S&P 500 | DFOP.DE vs AUM5.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.12 | 0.20 | 0.26 | 76 | Financials Equities | DFOP.DE vs LYBK.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | 0.34 | 0.45 | 0.56 | 60 | Europe Equities | DFOP.DE vs LYP6.DE |
Diversification Analysis
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