Looking to diversify beyond GB1E.DE? The ETFs below have the lowest correlation with GB1E.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 GB1E.DE.
Best Diversifiers for GB1E.DE
0 ETFs have low correlation with GB1E.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Nasdaq-100 Swap UCITS ETF Acc (EQQX.DE) (Nasdaq-100) with a 1Y correlation of 0.47, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq-100 Swap UCITS ETF Acc | 0.47 | 0.41 | 0.41 | 74 | Nasdaq-100 | GB1E.DE vs EQQX.DE | |
| Invesco EQQQ NASDAQ-100 UCITS ETF | 0.47 | 0.41 | — | 71 | Nasdaq-100 | GB1E.DE vs EQQQ.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.48 | 0.41 | 0.41 | 71 | Nasdaq-100 | GB1E.DE vs EQQB.DE | |
| Invesco S&P 500 Scored & Screened ETF Acc | 0.51 | 0.43 | 0.44 | 78 | S&P 500 | GB1E.DE vs 5ESG.DE | |
| Invesco MSCI USA UCITS ETF Dist | 0.52 | 0.45 | 0.46 | 67 | Large Cap Blend Equities | GB1E.DE vs 6PSE.DE |
See all 10 diversifiers for GB1E.DE
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