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
1 ETFs have low correlation with GMVM.DE (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals UCITS ETF A (VVMX.DE) (Commodity Producers Equities) with a 1Y correlation of 0.26, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals UCITS ETF A | 0.26 | 0.30 | 0.38 | 87 | Commodity Producers Equities | GMVM.DE vs VVMX.DE | |
| iShares Edge MSCI USA Multifactor UCITS ETF | 0.33 | 0.69 | 0.79 | 72 | Large Cap Blend Equities | GMVM.DE vs IBCY.DE | |
| VanEck Space Innovators UCITS ETF | 0.33 | 0.42 | — | 94 | Industrials Equities | GMVM.DE vs JEDI.DE | |
| iShares Edge MSCI World Momentum Factor UCITS ETF ... | 0.35 | 0.56 | 0.64 | 62 | Momentum, Global Equities | GMVM.DE vs IS3R.DE | |
| VanEck Semiconductor UCITS ETF | 0.38 | 0.51 | 0.60 | 96 | Semiconductors, Technology Equities | GMVM.DE vs VVSM.DE |
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