Looking to diversify beyond FRNH.DE? The ETFs below have the lowest correlation with FRNH.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 FRNH.DE.
Best Diversifiers for FRNH.DE
10 ETFs have low correlation with FRNH.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (SXRR.DE) (Corporate Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | 0.04 | 0.10 | 0.12 | 92 | Corporate Bonds | FRNH.DE vs SXRR.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | 0.07 | 0.05 | 0.08 | 92 | Corporate Bonds | FRNH.DE vs FRNE.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.11 | 0.25 | 0.19 | 58 | Corporate Bonds, ESG | FRNH.DE vs IS0Y.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.17 | 0.10 | 0.05 | 78 | Financials Equities | FRNH.DE vs LYBK.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.21 | 0.12 | 0.09 | 60 | Robotics, Technology Equities | FRNH.DE vs GOAI.DE |
See all 11 diversifiers for FRNH.DE
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Diversification Analysis
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