Looking to diversify beyond IS0M.DE? The ETFs below have the lowest correlation with IS0M.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 IS0M.DE.
Best Diversifiers for IS0M.DE
5 ETFs have low correlation with IS0M.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Amundi Prime Euro Government Bonds 0-1Y UCITS ETF (PRAB.DE) (European Government Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.17 | 0.21 | 0.27 | 95 | European Government Bonds | IS0M.DE vs PRAB.DE | |
| iShares S&P 500 Information Technology Sector UCIT... | 0.19 | 0.10 | 0.10 | 65 | Technology Equities, S&P 500 | IS0M.DE vs QDVE.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.25 | 0.14 | 0.13 | 97 | Semiconductors, Technology Equities | IS0M.DE vs SEC0.DE | |
| iShares NASDAQ 100 UCITS ETF USD (Acc) | 0.26 | 0.15 | 0.14 | 71 | Nasdaq-100 | IS0M.DE vs SXRV.DE | |
| iShares Core S&P 500 UCITS ETF USD (Acc) | 0.29 | 0.17 | 0.12 | 69 | S&P 500 | IS0M.DE vs SXR8.DE |
See all 11 diversifiers for IS0M.DE
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