Looking to balance out your exposure to FME.DE? The ETFs below have the lowest correlation with FME.DE — they tend to move on their own, which can help reduce risk when FME.DE drops. The stock ideas table highlights individual companies that behave independently from FME.DE.
Best Diversifiers for FME.DE
1 ETFs have low correlation with FME.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) (Emerging Markets Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.06 | 0.11 | 0.15 | 82 | Emerging Markets Equities | FME.DE vs IS3N.DE |
Diversification Analysis
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