Looking to diversify beyond IEVD.DE? The ETFs below have the lowest correlation with IEVD.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 IEVD.DE.
Best Diversifiers for IEVD.DE
0 ETFs have low correlation with IEVD.DE (below 0.3), 0 of which are negatively correlated. The least correlated is L&G Cyber Security UCITS ETF (USPY.DE) (Technology Equities) with a 1Y correlation of 0.36, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G Cyber Security UCITS ETF | 0.36 | 0.50 | 0.57 | 58 | Technology Equities | IEVD.DE vs USPY.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.47 | 0.57 | 0.64 | 97 | Global Equities, Dividend | IEVD.DE vs ISPA.DE | |
| L&G Emerging Cyber Security ESG Exclusions UCITS E... | 0.59 | 0.66 | — | 76 | Technology Equities | IEVD.DE vs ES6Y.DE | |
| Invesco Artificial Intelligence Enablers UCITS ETF | 0.68 | — | — | 51 | Technology Equities | IEVD.DE vs IVAI.DE | |
| iShares Core MSCI World UCITS ETF USD (Acc) | 0.68 | 0.66 | 0.72 | 84 | Global Equities | IEVD.DE vs EUNL.DE |
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