Looking to diversify beyond ESIH.DE? The ETFs below have the lowest correlation with ESIH.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 ESIH.DE.
Best Diversifiers for ESIH.DE
13 ETFs have low correlation with ESIH.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.07, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.07 | 0.19 | 0.28 | 65 | Technology Equities, S&P 500 | ESIH.DE vs QDVE.DE | |
| Xtrackers Artificial Intelligence & Big Data UCITS... | 0.08 | 0.22 | 0.30 | 86 | Technology Equities | ESIH.DE vs XAIX.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.09 | 0.19 | 0.22 | 94 | Semiconductors, Technology Equities | ESIH.DE vs LSMC.DE | |
| VanEck Space Innovators UCITS ETF | 0.10 | 0.15 | — | 94 | Industrials Equities | ESIH.DE vs JEDI.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.13 | 0.23 | 0.31 | 71 | Nasdaq-100 | ESIH.DE vs SXRV.DE |
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