Looking to diversify beyond IBCK.DE? The ETFs below have the lowest correlation with IBCK.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 IBCK.DE.
Best Diversifiers for IBCK.DE
1 ETFs have low correlation with IBCK.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares S&P 500 Energy Sector UCITS ETF (Acc) (QDVF.DE) (Energy Equities) with a 1Y correlation of 0.15, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | 0.15 | 0.28 | 0.29 | 51 | Energy Equities, S&P 500 | IBCK.DE vs QDVF.DE | |
| Invesco EURO STOXX High Dividend Low Volatility UC... | 0.30 | 0.25 | 0.36 | 62 | Large Cap Value Equities | IBCK.DE vs EHDV.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.39 | 0.44 | — | 97 | Semiconductors, Technology Equities | IBCK.DE vs SEC0.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.43 | 0.40 | 0.38 | 82 | Emerging Markets Equities | IBCK.DE vs IS3N.DE | |
| iShares NASDAQ 100 UCITS ETF | 0.45 | 0.48 | 0.54 | 66 | Nasdaq-100 | IBCK.DE vs NQSE.DE |
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