Looking to diversify beyond H41E.DE? The ETFs below have the lowest correlation with H41E.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 H41E.DE.
Best Diversifiers for H41E.DE
2 ETFs have low correlation with H41E.DE (below 0.3), 0 of which are negatively correlated. The least correlated is HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (H4ZL.DE) (REIT) with a 1Y correlation of 0.19, down from 0.29 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| HSBC FTSE EPRA NAREIT Developed UCITS ETF USD | 0.19 | 0.29 | — | 54 | REIT | H41E.DE vs H4ZL.DE | |
| HSBC FTSE EPRA NAREIT Developed UCITS ETF USD (Acc... | 0.21 | 0.31 | 0.33 | 54 | REIT | H41E.DE vs H4Z7.DE | |
| Amundi MSCI Eastern Europe Ex Russia UCITS ETF | 0.45 | 0.47 | — | 76 | Emerging Markets Equities | H41E.DE vs LEER.DE | |
| Xtrackers MSCI Mexico UCITS ETF (Acc) | 0.51 | 0.46 | — | 70 | Emerging Markets Equities | H41E.DE vs D5BI.DE | |
| Invesco FTSE Emerging Markets High Dividend Low Vo... | 0.53 | 0.66 | — | 82 | Emerging Markets Equities | H41E.DE vs EHDL.DE |
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