Looking to diversify beyond JMBE.DE? The ETFs below have the lowest correlation with JMBE.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 JMBE.DE.
Best Diversifiers for JMBE.DE
8 ETFs have low correlation with JMBE.DE (below 0.3), 1 of which are negatively correlated. The least correlated is L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE) (Emerging Markets Bonds) with a 1Y correlation of -0.06, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| L&G ESG Emerging Markets Government Bond (USD) 0-5... | -0.06 | -0.02 | 0.03 | 54 | Emerging Markets Bonds | JMBE.DE vs EMA5.DE | |
| Fidelity Sustainable USD EM Bond UCITS ETF | 0.23 | 0.31 | 0.28 | 80 | Emerging Markets Bonds | JMBE.DE vs FESD.DE | |
| UBS ETF (LU) J.P. Morgan EM Multi-Factor Enhanced ... | 0.24 | 0.26 | 0.22 | 75 | Emerging Markets Bonds | JMBE.DE vs UEFE.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.24 | — | — | 83 | Nasdaq-100, Derivative Income | JMBE.DE vs JEQA.DE | |
| JPMorgan Nasdaq Equity Premium Income Active UCITS... | 0.25 | 0.26 | 0.26 | 78 | Nasdaq-100, Derivative Income | JMBE.DE vs JEQP.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JMBE.DE
Add JMBE.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JMBE.DE