Looking to diversify beyond E908.DE? The ETFs below have the lowest correlation with E908.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 E908.DE.
Best Diversifiers for E908.DE
0 ETFs have low correlation with E908.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI Semiconductors ESG Screened UCITS ETF (LSMC.DE) (Semiconductors) with a 1Y correlation of 0.51, roughly unchanged from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.51 | 0.53 | 0.58 | 94 | Semiconductors, Technology Equities | E908.DE vs LSMC.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.51 | 0.51 | 0.58 | 65 | Technology Equities, S&P 500 | E908.DE vs QDVE.DE | |
| SPDR S&P US Technology Select Sector UCITS ETF | 0.51 | 0.54 | 0.60 | 65 | Technology Equities | E908.DE vs ZPDT.DE | |
| Xtrackers MSCI USA Information Technology UCITS ET... | 0.51 | 0.52 | 0.59 | 63 | Technology Equities | E908.DE vs XUTC.DE | |
| VanEck Semiconductor UCITS ETF | 0.53 | 0.57 | 0.62 | 96 | Semiconductors, Technology Equities | E908.DE vs VVSM.DE |
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