Looking to diversify beyond DJMC.AS? The ETFs below have the lowest correlation with DJMC.AS — 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 DJMC.AS.
Best Diversifiers for DJMC.AS
0 ETFs have low correlation with DJMC.AS (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (CNDX.AS) (Nasdaq-100) with a 1Y correlation of 0.42, roughly unchanged from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.42 | 0.40 | 0.49 | 71 | Nasdaq-100 | DJMC.AS vs CNDX.AS | |
| iShares MSCI World Information Technology Sector E... | 0.43 | 0.42 | 0.50 | 66 | Technology Equities | DJMC.AS vs WITS.AS | |
| iShares Core S&P 500 UCITS ETF | 0.50 | 0.44 | 0.54 | 70 | S&P 500 | DJMC.AS vs CSPX.AS | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.58 | 0.66 | 0.66 | 88 | Global Equity Income | DJMC.AS vs TDIV.AS | |
| iShares World Equity High Income UCITS ETF USD Inc | 0.58 | 0.45 | 0.45 | 75 | Global Equity Income | DJMC.AS vs WINC.AS |
See all 8 diversifiers for DJMC.AS
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Diversification Analysis
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