Looking to diversify beyond GMVM.DE? The ETFs below have the lowest correlation with GMVM.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 GMVM.DE.
Best Diversifiers for GMVM.DE
2 ETFs have low correlation with GMVM.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor UCITS ETF (VVSM.DE) (Semiconductors) with a 1Y correlation of 0.25, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor UCITS ETF | 0.25 | 0.46 | 0.57 | 94 | Semiconductors, Technology Equities | GMVM.DE vs VVSM.DE | |
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | 0.26 | 0.51 | 0.61 | 56 | Momentum, Global Equities | GMVM.DE vs IS3R.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.34 | 0.43 | 0.48 | 62 | Emerging Markets Equities | GMVM.DE vs IS3N.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.38 | 0.49 | 0.57 | 96 | Global Equities, Dividend | GMVM.DE vs VDIV.DE | |
| L&G Quality Equity Dividends ESG Exclusions Europe... | 0.39 | 0.41 | 0.52 | 89 | Europe Equities | GMVM.DE vs LGGE.DE |
See all 31 diversifiers for GMVM.DE
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Diversification Analysis
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