Looking to diversify beyond IBCN.DE? The ETFs below have the lowest correlation with IBCN.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 IBCN.DE.
Best Diversifiers for IBCN.DE
8 ETFs have low correlation with IBCN.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) (Semiconductors) with a 1Y correlation of 0.14, up from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.15 | 0.02 | 0.04 | 95 | Semiconductors, Technology Equities | IBCN.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.16 | 0.04 | 0.05 | 57 | Nasdaq-100 | IBCN.DE vs SXRV.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.18 | 0.07 | 0.05 | 73 | S&P 500 | IBCN.DE vs SXR8.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.20 | 0.22 | 0.31 | 97 | European Government Bonds | IBCN.DE vs PRAB.DE | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.26 | 0.12 | 0.08 | 79 | Global Equities | IBCN.DE vs EUNL.DE |
See all 8 diversifiers for IBCN.DE
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