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
6 ETFs have low correlation with IBCD.DE (below 0.3), 1 of which are negatively correlated. The least correlated is Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) (Corporate Bonds) with a 1Y correlation of -0.00, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | -0.00 | 0.03 | -0.01 | 86 | Corporate Bonds | IBCD.DE vs FRNE.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.15 | 0.08 | 0.04 | 66 | Nasdaq-100 | IBCD.DE vs NQSE.DE | |
| iShares Core MSCI Japan IMI UCITS ETF | 0.17 | 0.25 | 0.23 | 56 | Japan Equities | IBCD.DE vs EUNN.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.20 | 0.22 | 0.11 | 93 | Global Equities, Dividend | IBCD.DE vs ISPA.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.22 | 0.15 | 0.11 | 97 | Semiconductors, Technology Equities | IBCD.DE vs SEC0.DE |
See all 15 diversifiers for IBCD.DE
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