Looking to diversify beyond GBSE.DE? The ETFs below have the lowest correlation with GBSE.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 GBSE.DE.
Best Diversifiers for GBSE.DE
5 ETFs have low correlation with GBSE.DE (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Broad Commodities UCITS ETF (PCOM.DE) (Commodities) with a 1Y correlation of 0.05, down from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Broad Commodities UCITS ETF | 0.05 | 0.17 | — | 60 | Commodities | GBSE.DE vs PCOM.DE | |
| WisdomTree Global Efficient Core UCITS ETF USD Acc... | 0.09 | — | — | 59 | Global Allocation | GBSE.DE vs NTSG.DE | |
| WisdomTree Artificial Intelligence UCITS ETF USD A... | 0.13 | 0.07 | 0.08 | 88 | Technology Equities | GBSE.DE vs WTI2.DE | |
| WisdomTree Emerging Markets Equity Income UCITS ET... | 0.17 | 0.20 | 0.18 | 72 | Emerging Markets Equities | GBSE.DE vs WTEI.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.25 | 0.22 | 0.17 | 74 | Europe Equities | GBSE.DE vs WTEE.DE |
See all 6 diversifiers for GBSE.DE
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