Looking to balance out your exposure to FOO.DE? The ETFs below have the lowest correlation with FOO.DE — they tend to move on their own, which can help reduce risk when FOO.DE drops. The stock ideas table highlights individual companies that behave independently from FOO.DE.
Best Diversifiers for FOO.DE
1 ETFs have low correlation with FOO.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) (Technology Equities) with a 1Y correlation of 0.23, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Information Technology Sector UCIT... | 0.23 | 0.43 | 0.54 | 65 | Technology Equities, S&P 500 | FOO.DE vs QDVE.DE |
Diversification Analysis
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