Looking to diversify beyond H3R0.DE? The ETFs below have the lowest correlation with H3R0.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 H3R0.DE.
Best Diversifiers for H3R0.DE
3 ETFs have low correlation with H3R0.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Wind Energy UCITS ETF USD Accumulating (WNDY.DE) (Energy Equities) with a 1Y correlation of 0.23, down from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Wind Energy UCITS ETF USD Accumulating | 0.23 | 0.40 | 0.42 | 67 | Energy Equities | H3R0.DE vs WNDY.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.28 | 0.31 | 0.33 | 50 | S&P 500, Defined Outcome | H3R0.DE vs SPQB.DE | |
| WisdomTree Silver | 0.28 | 0.30 | 0.31 | 52 | Silver, Precious Metals | H3R0.DE vs SLVR.DE | |
| Global X Nasdaq 100 Covered Call UCITS ETF D | 0.31 | 0.36 | 0.36 | 57 | Nasdaq-100, Options Trading | H3R0.DE vs QYLE.DE | |
| Global X SuperDividend UCITS ETF USD Distributing | 0.31 | 0.47 | — | 78 | Dividend | H3R0.DE vs UDIV.DE |
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