Looking to diversify beyond FRNU.DE? The ETFs below have the lowest correlation with FRNU.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 FRNU.DE.
Best Diversifiers for FRNU.DE
8 ETFs have low correlation with FRNU.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) (Corporate Bonds) with a 1Y correlation of -0.01, roughly unchanged from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.01 | -0.00 | — | 86 | Corporate Bonds | FRNU.DE vs FRNE.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.07 | 0.06 | -0.06 | 94 | Semiconductors, Technology Equities | FRNU.DE vs LSMC.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.13 | 0.12 | 0.01 | 67 | Robotics, Technology Equities | FRNU.DE vs GOAI.DE | |
| Amundi MSCI World Information Technology UCITS ETF... | 0.13 | 0.15 | 0.04 | 64 | Technology Equities | FRNU.DE vs LYPG.DE | |
| Amundi Prime All Country World UCITS ETF Acc EUR | 0.15 | 0.24 | 0.24 | 75 | Global Equities | FRNU.DE vs WEBN.DE |
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