Looking to diversify beyond IS31.DE? The ETFs below have the lowest correlation with IS31.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 IS31.DE.
Best Diversifiers for IS31.DE
3 ETFs have low correlation with IS31.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Global X S&P 500 Quarterly Tail Hedge UCITS ETF USD Accumulating (SPQH.DE) (Defined Outcome) with a 1Y correlation of 0.19, down from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X S&P 500 Quarterly Tail Hedge UCITS ETF US... | 0.19 | 0.30 | — | 53 | Defined Outcome, S&P 500 | IS31.DE vs SPQH.DE | |
| Global X S&P 500 Quarterly Buffer UCITS ETF | 0.21 | 0.27 | — | 81 | S&P 500, Defined Outcome | IS31.DE vs SPQB.DE | |
| Global X S&P 500 Covered Call UCITS ETF Inc | 0.30 | — | — | 79 | S&P 500, Derivative Income | IS31.DE vs XY7D.DE | |
| iShares MSCI Global Semiconductors UCITS ETF USD (... | 0.37 | 0.45 | — | 97 | Semiconductors, Technology Equities | IS31.DE vs SEC0.DE | |
| iShares Core MSCI Emerging Markets IMI UCITS ETF (... | 0.41 | 0.41 | 0.41 | 83 | Emerging Markets Equities | IS31.DE vs IS3N.DE |
See all 30 diversifiers for IS31.DE
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Diversification Analysis
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