Looking to diversify beyond IS02.DE? The ETFs below have the lowest correlation with IS02.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 IS02.DE.
Best Diversifiers for IS02.DE
3 ETFs have low correlation with IS02.DE (below 0.3), 0 of which are negatively correlated. The least correlated is iShares NASDAQ 100 UCITS ETF (NQSE.DE) (Nasdaq-100) with a 1Y correlation of 0.26, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares NASDAQ 100 UCITS ETF | 0.26 | 0.19 | 0.22 | 66 | Nasdaq-100 | IS02.DE vs NQSE.DE | |
| iShares Core MSCI Japan IMI UCITS ETF | 0.28 | 0.36 | 0.35 | 56 | Japan Equities | IS02.DE vs EUNN.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.30 | 0.33 | 0.29 | 93 | Global Equities, Dividend | IS02.DE vs ISPA.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.31 | 0.43 | 0.45 | 72 | Emerging Markets Bonds | IS02.DE vs SEAB.DE | |
| UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1... | 0.33 | 0.45 | 0.47 | 54 | Emerging Markets Bonds | IS02.DE vs SEAD.DE |
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