Looking to diversify beyond EIB3.DE? The ETFs below have the lowest correlation with EIB3.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 EIB3.DE.
Best Diversifiers for EIB3.DE
19 ETFs have low correlation with EIB3.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares € Ultrashort Bond UCITS ETF (IS3M.DE) (Ultrashort Bond) with a 1Y correlation of -0.13, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Ultrashort Bond UCITS ETF | -0.13 | 0.03 | 0.07 | 95 | Ultrashort Bond | EIB3.DE vs IS3M.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | -0.02 | 0.02 | 0.05 | 99 | Money Market | EIB3.DE vs XEON.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.04 | 0.16 | 0.28 | 97 | European Government Bonds | EIB3.DE vs PRAB.DE | |
| Xtrackers CSI 300 Swap UCITS ETF 1C | 0.07 | -0.01 | -0.01 | 82 | China Equities, Asia Pacific Equities | EIB3.DE vs XCHA.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.07 | 0.01 | — | 68 | Nasdaq-100 | EIB3.DE vs EQQB.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements EIB3.DE
Add EIB3.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EIB3.DE