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
5 ETFs have low correlation with INDB.DE (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi MSCI Semiconductors ESG Screened UCITS ETF | 0.09 | — | — | 87 | Semiconductors, Technology Equities | INDB.DE vs LSMC.DE | |
| Amundi Nasdaq-100 II UCITS ETF Acc | 0.11 | 0.06 | 0.06 | 58 | Nasdaq-100 | INDB.DE vs LYMS.DE | |
| Amundi Nasdaq 100 UCITS ETF EUR | 0.12 | — | — | 58 | Nasdaq-100 | INDB.DE vs 6AQQ.DE | |
| Amundi Euro Stoxx Banks UCITS ETF Acc | 0.16 | 0.26 | 0.26 | 76 | Financials Equities | INDB.DE vs LYBK.DE | |
| Amundi S&P 500 UCITS ETF EUR | 0.16 | 0.13 | 0.13 | 73 | S&P 500 | INDB.DE vs AUM5.DE |
See all 6 diversifiers for INDB.DE
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements INDB.DE
Add INDB.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with INDB.DE