Looking to diversify beyond HYLE.DE? The ETFs below have the lowest correlation with HYLE.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 HYLE.DE.
Best Diversifiers for HYLE.DE
1 ETFs have low correlation with HYLE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares € Ultrashort Bond UCITS ETF (IS3M.DE) (Ultrashort Bond) with a 1Y correlation of -0.03, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares € Ultrashort Bond UCITS ETF | -0.03 | 0.06 | 0.05 | 93 | Ultrashort Bond | HYLE.DE vs IS3M.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.33 | 0.44 | 0.43 | 88 | Global Equities, Dividend | HYLE.DE vs VDIV.DE | |
| iShares Emerging Markets Dividend UCITS ETF | 0.37 | 0.38 | 0.33 | 74 | Emerging Markets Equities | HYLE.DE vs EUNY.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.41 | 0.39 | — | 97 | Semiconductors, Technology Equities | HYLE.DE vs SEC0.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.42 | 0.34 | 0.44 | 65 | Technology Equities, S&P 500 | HYLE.DE vs QDVE.DE |
See all 18 diversifiers for HYLE.DE
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