Looking to diversify beyond IBB1.DE? The ETFs below have the lowest correlation with IBB1.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 IBB1.DE.
Best Diversifiers for IBB1.DE
27 ETFs have low correlation with IBB1.DE (below 0.3), 2 of which are negatively correlated. The least correlated is L&G Longer Dated All Commodities UCITS ETF (ETL2.DE) (Commodities) with a 1Y correlation of -0.42, down from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF | -0.42 | -0.24 | -0.19 | 57 | Commodities | IBB1.DE vs ETL2.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | -0.02 | -0.07 | -0.05 | 65 | Technology Equities, S&P 500 | IBB1.DE vs QDVE.DE | |
| Xtrackers MSCI World Information Technology UCITS ... | 0.00 | -0.05 | -0.04 | 64 | Technology Equities | IBB1.DE vs XDWT.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.03 | -0.03 | -0.02 | 71 | Nasdaq-100 | IBB1.DE vs SXRV.DE | |
| Invesco EQQQ Nasdaq-100 UCITS ETF Acc | 0.03 | -0.02 | — | 71 | Nasdaq-100 | IBB1.DE vs EQQB.DE |
See all 27 diversifiers for IBB1.DE
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