Looking to diversify beyond JEDI.DE? The ETFs below have the lowest correlation with JEDI.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 JEDI.DE.
Best Diversifiers for JEDI.DE
4 ETFs have low correlation with JEDI.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco European Oil & Gas Sector UCITS ETF (SC0V.DE) (Energy Equities) with a 1Y correlation of 0.14, roughly unchanged from 0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco European Oil & Gas Sector UCITS ETF | 0.14 | 0.23 | — | 91 | Energy Equities | JEDI.DE vs SC0V.DE | |
| VanEck Morningstar Developed Markets Dividend Lead... | 0.17 | 0.32 | — | 88 | Global Equities, Dividend | JEDI.DE vs VDIV.DE | |
| VanEck Oil Services UCITS ETF A | 0.17 | 0.27 | 0.28 | 90 | Energy Equities | JEDI.DE vs V0IH.DE | |
| Lyxor STOXX Europe 600 Chemicals UCITS ETF Acc | 0.29 | 0.33 | — | 55 | Industrials Equities | JEDI.DE vs LCHM.DE | |
| Lyxor STOXX Europe 600 Banks UCITS ETF Acc | 0.33 | 0.36 | — | 53 | Financials Equities | JEDI.DE vs LBNK.DE |
See all 45 diversifiers for JEDI.DE
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