Looking to diversify beyond EIBX.DE? The ETFs below have the lowest correlation with EIBX.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 EIBX.DE.
Best Diversifiers for EIBX.DE
5 ETFs have low correlation with EIBX.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco EQQQ Nasdaq-100 UCITS ETF Acc (EQQB.DE) (Nasdaq-100) with a 1Y correlation of 0.19, up from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.19 | 0.08 | — | 68 | Nasdaq-100 | EIBX.DE vs EQQB.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.19 | 0.08 | 0.09 | 67 | Nasdaq-100 | EIBX.DE vs EQQQ.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.22 | 0.22 | 0.29 | 97 | European Government Bonds | EIBX.DE vs PRAB.DE | |
| Invesco S&P 500 UCITS ETF | 0.22 | 0.11 | 0.08 | 77 | S&P 500 | EIBX.DE vs P500.DE | |
| Invesco S&P 500 UCITS ETF Dist | 0.23 | 0.12 | 0.08 | 78 | S&P 500 | EIBX.DE vs D500.DE |
See all 8 diversifiers for EIBX.DE
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