Looking to diversify beyond IS3S.DE? The ETFs below have the lowest correlation with IS3S.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 IS3S.DE.
Best Diversifiers for IS3S.DE
6 ETFs have low correlation with IS3S.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C (XEON.DE) (Bank Loan) with a 1Y correlation of 0.10, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C | 0.10 | -0.02 | 0.01 | 99 | Bank Loan | IS3S.DE vs XEON.DE | |
| iShares € Ultrashort Bond UCITS ETF | 0.11 | 0.07 | 0.05 | 95 | Ultrashort Bond | IS3S.DE vs IS3M.DE | |
| Amundi Prime Euro Government Bonds 0-1Y UCITS ETF | 0.15 | 0.05 | 0.05 | 96 | European Government Bonds | IS3S.DE vs PRAB.DE | |
| iShares Global Infrastructure UCITS ETF | 0.20 | 0.41 | 0.49 | 70 | Global Equities | IS3S.DE vs IQQI.DE | |
| iShares Global Infrastructure UCITS ETF USD (Acc) | 0.22 | 0.42 | — | 71 | Utilities Equities, Global Equities | IS3S.DE vs CBUX.DE |
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