Looking to diversify beyond IS04.DE? The ETFs below have the lowest correlation with IS04.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 IS04.DE.
Best Diversifiers for IS04.DE
15 ETFs have low correlation with IS04.DE (below 0.3), 1 of which are negatively correlated. The least correlated is iShares eb.rexx Government Germany 0-1yr UCITS ETF (DE) (EXVM.DE) (Government Bonds) with a 1Y correlation of -0.04, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares eb.rexx Government Germany 0-1yr UCITS ETF... | -0.04 | 0.04 | 0.11 | 97 | Government Bonds | IS04.DE vs EXVM.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.09 | 0.02 | — | 95 | Semiconductors, Technology Equities | IS04.DE vs SEC0.DE | |
| Amundi Euro Government Bond 0-6 M UCITS ETF (Acc) | 0.09 | 0.01 | 0.05 | 99 | Government Bonds | IS04.DE vs 18M1.DE | |
| Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hd... | 0.10 | 0.08 | 0.12 | 69 | Government Bonds | IS04.DE vs T1EU.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.13 | 0.10 | -0.04 | 97 | Global Equities, Dividend | IS04.DE vs ISPA.DE |
See all 18 diversifiers for IS04.DE
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