Looking to diversify beyond INDB.DE? The ETFs below have the lowest correlation with INDB.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 INDB.DE.
Best Diversifiers for INDB.DE
7 ETFs have low correlation with INDB.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi MSCI World Information Technology UCITS ETF EUR Acc (LYPG.DE) (Technology Equities) with a 1Y correlation of 0.05, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI World Information Technology UCITS ETF... | 0.05 | 0.03 | 0.13 | 64 | Technology Equities | INDB.DE vs LYPG.DE | |
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.05 | 0.02 | 0.10 | 94 | Semiconductors, Technology Equities | INDB.DE vs LSMC.DE | |
| Amundi MSCI Robotics & AI ESG Screened UCITS ETF A... | 0.06 | 0.07 | 0.18 | 67 | Robotics, Technology Equities | INDB.DE vs GOAI.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.08 | 0.06 | 0.15 | 72 | Nasdaq-100 | INDB.DE vs 6AQQ.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.10 | 0.07 | 0.15 | 71 | Nasdaq-100 | INDB.DE vs LYMS.DE |
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