Looking to diversify beyond GC40.DE? The ETFs below have the lowest correlation with GC40.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 GC40.DE.
Best Diversifiers for GC40.DE
2 ETFs have low correlation with GC40.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Expat Romania BET UCITS ETF (ROX.DE) (Europe Equities) with a 1Y correlation of 0.06, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Expat Romania BET UCITS ETF | 0.06 | 0.07 | 0.14 | 97 | Europe Equities | GC40.DE vs ROX.DE | |
| Expat Slovenia SBI TOP UCITS ETF | 0.21 | 0.15 | 0.14 | 53 | Europe Equities | GC40.DE vs SLQX.DE | |
| Expat Hungary BUX UCITS ETF | 0.31 | 0.29 | 0.35 | 79 | Europe Equities | GC40.DE vs HUBE.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.36 | 0.37 | 0.47 | 87 | Semiconductors, Technology Equities | GC40.DE vs LSMC.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.38 | 0.41 | 0.51 | 58 | Nasdaq-100 | GC40.DE vs 6AQQ.DE |
See all 38 diversifiers for GC40.DE
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