Looking to diversify beyond IS3N.DE? The ETFs below have the lowest correlation with IS3N.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 IS3N.DE.
Best Diversifiers for IS3N.DE
25 ETFs have low correlation with IS3N.DE (below 0.3), 10 of which are negatively correlated. The least correlated is iShares Euro Ultrashort Bond UCITS ETF EUR Accumulating (ERNX.DE) (Ultrashort Bond) with a 1Y correlation of -0.14, roughly unchanged from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Euro Ultrashort Bond UCITS ETF EUR Accumul... | -0.14 | -0.05 | — | 94 | Ultrashort Bond | IS3N.DE vs ERNX.DE | |
| Xtrackers MSCI World Energy UCITS ETF 1C | -0.12 | 0.16 | 0.25 | 59 | Energy Equities | IS3N.DE vs XDW0.DE | |
| iShares S&P 500 Energy Sector UCITS ETF (Acc) | -0.11 | 0.12 | 0.21 | 51 | Energy Equities, S&P 500 | IS3N.DE vs QDVF.DE | |
| iShares MSCI World Energy Sector UCITS ETF USD (Di... | -0.09 | 0.17 | 0.25 | 60 | Energy Equities | IS3N.DE vs 5MVW.DE | |
| iShares MSCI Europe Energy Sector UCITS ETF EUR (A... | -0.08 | 0.20 | 0.28 | 74 | Energy Equities | IS3N.DE vs ESIE.DE |
See all 206 diversifiers for IS3N.DE
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