Looking to diversify beyond IBCD.DE? The ETFs below have the lowest correlation with IBCD.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 IBCD.DE.
Best Diversifiers for IBCD.DE
13 ETFs have low correlation with IBCD.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (SXRR.DE) (Corporate Bonds) with a 1Y correlation of -0.07, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | -0.07 | -0.03 | 0.01 | 90 | Corporate Bonds | IBCD.DE vs SXRR.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.01 | 0.02 | -0.03 | 93 | Corporate Bonds | IBCD.DE vs FRNE.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | 0.02 | 0.05 | -0.01 | 56 | Corporate Bonds, ESG | IBCD.DE vs IS0Y.DE | |
| Amundi USD Floating Rate Corporate Bond ESG UCITS ... | 0.07 | 0.06 | 0.03 | 97 | Corporate Bonds, ESG | IBCD.DE vs FRNH.DE | |
| Xtrackers MSCI Japan UCITS ETF 1C | 0.15 | 0.24 | 0.22 | 78 | Japan Equities, Asia Pacific Equities | IBCD.DE vs DBXJ.DE |
See all 23 diversifiers for IBCD.DE
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