Looking to diversify beyond IBC7.DE? The ETFs below have the lowest correlation with IBC7.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 IBC7.DE.
Best Diversifiers for IBC7.DE
6 ETFs have low correlation with IBC7.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares USD Short Duration High Yield Corporate Bond UCITS ETF (IS3K.DE) (High Yield Bonds) with a 1Y correlation of -0.02, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares USD Short Duration High Yield Corporate Bo... | -0.02 | 0.05 | 0.11 | 54 | High Yield Bonds | IBC7.DE vs IS3K.DE | |
| Xtrackers ESG USD High Yield Corporate Bond UCITS ... | 0.06 | 0.15 | — | 54 | High Yield Bonds | IBC7.DE vs XZHY.DE | |
| iShares USD High Yield Corporate Bond UCITS ETF US... | 0.09 | 0.17 | 0.24 | 53 | High Yield Bonds | IBC7.DE vs IS0R.DE | |
| VanEck Global Fallen Angel High Yield Bond UCITS E... | 0.16 | 0.27 | 0.34 | 66 | High Yield Bonds | IBC7.DE vs GFEA.DE | |
| Xtrackers USD High Yield Corporate Bond UCITS ETF ... | 0.18 | 0.19 | 0.27 | 55 | High Yield Bonds | IBC7.DE vs XUHY.DE |
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