Looking to diversify beyond FESD.DE? The ETFs below have the lowest correlation with FESD.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 FESD.DE.
Best Diversifiers for FESD.DE
6 ETFs have low correlation with FESD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Fidelity Europe Quality Income UCITS ETF (FEUQ.DE) (Europe Equities) with a 1Y correlation of 0.15, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Europe Quality Income UCITS ETF | 0.15 | 0.14 | 0.10 | 60 | Europe Equities | FESD.DE vs FEUQ.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.16 | 0.28 | 0.23 | 75 | Emerging Markets Bonds | FESD.DE vs SEAB.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.16 | 0.28 | 0.23 | 70 | Emerging Markets Bonds | FESD.DE vs SEAD.DE | |
| Fidelity Europe Quality Income UCITS ETF | 0.18 | 0.14 | 0.11 | 59 | Europe Equities | FESD.DE vs FEUI.DE | |
| UBS ETF (LU) Bloomberg USD Emerging Markets Sovere... | 0.19 | 0.31 | 0.28 | 65 | Emerging Markets Bonds | FESD.DE vs FRCK.DE |
See all 24 diversifiers for FESD.DE
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Diversification Analysis
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