Looking to diversify beyond EUNW.DE? The ETFs below have the lowest correlation with EUNW.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 EUNW.DE.
Best Diversifiers for EUNW.DE
6 ETFs have low correlation with EUNW.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) (High Yield Bonds) with a 1Y correlation of -0.03, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | -0.03 | 0.09 | 0.11 | 54 | High Yield Bonds | EUNW.DE vs IS3K.DE | |
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.03 | 0.02 | 0.04 | 99 | Bank Loan | EUNW.DE vs XEON.DE | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.09 | 0.19 | 0.24 | 53 | High Yield Bonds | EUNW.DE vs IS0R.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.22 | 0.19 | — | 85 | Nasdaq-100, Options Trading | EUNW.DE vs QYLE.DE | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.27 | 0.34 | 0.35 | 79 | Emerging Markets Bonds | EUNW.DE vs IUS7.DE |
See all 32 diversifiers for EUNW.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements EUNW.DE
Add EUNW.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with EUNW.DE