PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond HDLV.DE? The ETFs below have historically moved differently from HDLV.DE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for HDLV.DE

12 ETFs have low correlation with HDLV.DE (below 0.3), 4 of which are negatively correlated. The least correlated is Invesco EQQQ NASDAQ-100 UCITS ETF (EQQQ.DE) (Nasdaq-100) with a 1Y correlation of -0.17, down from 0.24 over 5 years.

How candidates are selected

Diversification Analysis

Build a portfolio that complements HDLV.DE

Add HDLV.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with HDLV.DE