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Looking to diversify beyond IE1A.DE? The ETFs below have the lowest correlation with IE1A.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 IE1A.DE.

Best Diversifiers for IE1A.DE

5 ETFs have low correlation with IE1A.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) (European Corporate Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 3 years.


Diversification Analysis

Build a portfolio that complements IE1A.DE

Add IE1A.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with IE1A.DE