Looking to balance out your exposure to HOT.DE? The ETFs below have the lowest correlation with HOT.DE — they tend to move on their own, which can help reduce risk when HOT.DE drops. The stock ideas table highlights individual companies that behave independently from HOT.DE.
Best Diversifiers for HOT.DE
0 ETFs have low correlation with HOT.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin European Quality Dividend UCITS ETF (FLXD.DE) (Europe Equities) with a 1Y correlation of 0.36, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin European Quality Dividend UCITS ETF | 0.36 | 0.36 | 0.47 | 63 | Europe Equities | HOT.DE vs FLXD.DE | |
| WisdomTree Europe Equity Income UCITS ETF | 0.39 | 0.39 | 0.45 | 74 | Europe Equities | HOT.DE vs WTEE.DE |
Diversification Analysis
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