Looking to diversify beyond ETDD.DE? The ETFs below have the lowest correlation with ETDD.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 ETDD.DE.
Best Diversifiers for ETDD.DE
2 ETFs have low correlation with ETDD.DE (below 0.3), 2 of which are negatively correlated. The least correlated is BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF EUR (GSDE.DE) (Commodities) with a 1Y correlation of -0.15, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.15 | -0.02 | 0.04 | 74 | Commodities | ETDD.DE vs GSDE.DE | |
| BNP Paribas Easy Energy & Metals Enhanced Roll UCI... | -0.14 | 0.07 | 0.15 | 77 | Commodities | ETDD.DE vs EMEH.DE | |
| Deka Euro iSTOXX ex Fin Dividend Plus UCITS ETF | 0.52 | 0.65 | 0.74 | 55 | Europe Equities | ETDD.DE vs ELFC.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.52 | 0.48 | 0.57 | 65 | Technology Equities, S&P 500 | ETDD.DE vs QDVE.DE | |
| Franklin European Quality Dividend UCITS ETF | 0.54 | 0.59 | 0.69 | 63 | Europe Equities | ETDD.DE vs FLXD.DE |
See all 31 diversifiers for ETDD.DE
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