Looking to diversify beyond FLXD.DE? The ETFs below have the lowest correlation with FLXD.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 FLXD.DE.
Best Diversifiers for FLXD.DE
7 ETFs have low correlation with FLXD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.10, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.10 | -0.00 | 0.03 | 99 | Bank Loan | FLXD.DE vs XEON.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.13 | 0.17 | 0.31 | 94 | Semiconductors, Technology Equities | FLXD.DE vs LSMC.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.16 | 0.20 | — | 71 | Nasdaq-100 | FLXD.DE vs EQQB.DE | |
| Franklin FTSE Korea UCITS ETF | 0.18 | 0.27 | 0.33 | 97 | Asia Pacific Equities | FLXD.DE vs FLXK.DE | |
| Franklin FTSE Taiwan UCITS ETF USD Capitalisation | 0.19 | 0.28 | 0.32 | 97 | Asia Pacific Equities | FLXD.DE vs FLXT.DE |
See all 42 diversifiers for FLXD.DE
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