Looking to diversify beyond ICGA.DE? The ETFs below have the lowest correlation with ICGA.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 ICGA.DE.
Best Diversifiers for ICGA.DE
6 ETFs have low correlation with ICGA.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) 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 |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.00 | -0.06 | 0.01 | 99 | Bank Loan | ICGA.DE vs XEON.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.02 | 0.02 | 0.01 | 95 | European Government Bonds | ICGA.DE vs PRAB.DE | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.20 | 0.13 | 0.15 | 51 | Emerging Markets Bonds | ICGA.DE vs IUS7.DE | |
| iShares J.P. Morgan USD Emerging Markets Bond UCIT... | 0.21 | 0.13 | 0.15 | 52 | Emerging Markets Bonds | ICGA.DE vs IS02.DE | |
| iShares Core MSCI Japan IMI UCITS ETF | 0.28 | 0.28 | 0.29 | 56 | Japan Equities | ICGA.DE vs EUNN.DE |
See all 25 diversifiers for ICGA.DE
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