Looking to diversify beyond EHDV.DE? The ETFs below have the lowest correlation with EHDV.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 EHDV.DE.
Best Diversifiers for EHDV.DE
4 ETFs have low correlation with EHDV.DE (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Enhanced Commodity ex-Agriculture UCITS ETF (EUR Hedged) Acc (EXAG.DE) (Commodities) with a 1Y correlation of -0.00, down from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Enhanced Commodity ex-Agriculture UCITS... | -0.00 | 0.18 | — | 81 | Commodities | EHDV.DE vs EXAG.DE | |
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.30 | 0.23 | 0.36 | 74 | Nasdaq-100 | EHDV.DE vs EQQX.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.30 | 0.24 | — | 71 | Nasdaq-100 | EHDV.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.30 | 0.23 | 0.36 | 71 | Nasdaq-100 | EHDV.DE vs EQQQ.DE | |
| Invesco S&P 500 QVM UCITS ETF | 0.33 | 0.26 | 0.38 | 67 | S&P 500, Large Cap Value Equities | EHDV.DE vs QVMP.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EHDV.DE
Add EHDV.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EHDV.DE