Looking to diversify beyond GSDE.DE? The ETFs below have the lowest correlation with GSDE.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 GSDE.DE.
Best Diversifiers for GSDE.DE
10 ETFs have low correlation with GSDE.DE (below 0.3), 6 of which are negatively correlated. The least correlated is Xtrackers MSCI EMU UCITS ETF 1D (XD5E.DE) (Europe Equities) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI EMU UCITS ETF 1D | -0.14 | -0.03 | 0.04 | 56 | Europe Equities | GSDE.DE vs XD5E.DE | |
| BNP Paribas Easy STOXX Europe 600 UCITS ETF | -0.12 | 0.01 | 0.08 | 59 | Europe Equities | GSDE.DE vs ETSZ.DE | |
| Amundi Core STOXX Europe 600 (DR) UCITS ETF Acc | -0.11 | 0.01 | 0.08 | 60 | Europe Equities | GSDE.DE vs LYP6.DE | |
| iShares Core MSCI Japan IMI UCITS ETF | -0.10 | 0.07 | 0.14 | 76 | Japan Equities | GSDE.DE vs EUNN.DE | |
| BNP Paribas Easy ECPI Circular Economy Leaders UCI... | -0.05 | 0.08 | 0.13 | 77 | Global Equities | GSDE.DE vs EMEC.DE |
See all 20 diversifiers for GSDE.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GSDE.DE
Add GSDE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GSDE.DE