Looking to diversify beyond EDMU.DE? The ETFs below have the lowest correlation with EDMU.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 EDMU.DE.
Best Diversifiers for EDMU.DE
0 ETFs have low correlation with EDMU.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Edge MSCI USA Multifactor UCITS ETF (IBCY.DE) (Large Cap Blend Equities) with a 1Y correlation of 0.56, down from 0.89 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.56 | 0.84 | 0.89 | 72 | Large Cap Blend Equities | EDMU.DE vs IBCY.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.57 | 0.54 | 0.62 | 93 | Global Equities, Dividend | EDMU.DE vs ISPA.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.67 | 0.59 | 0.57 | 82 | Emerging Markets Equities | EDMU.DE vs IS3N.DE | |
| UBS ETF (IE) MSCI USA Select Factor Mix UCITS ETF ... | 0.71 | 0.81 | 0.88 | 66 | Large Cap Blend Equities | EDMU.DE vs USUE.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.71 | 0.74 | — | 97 | Semiconductors, Technology Equities | EDMU.DE vs SEC0.DE |
See all 30 diversifiers for EDMU.DE
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