Looking to diversify beyond JRUB.DE? The ETFs below have the lowest correlation with JRUB.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 JRUB.DE.
Best Diversifiers for JRUB.DE
5 ETFs have low correlation with JRUB.DE (below 0.3), 2 of which are negatively correlated. The least correlated is iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (SXRR.DE) (Corporate Bonds) with a 1Y correlation of -0.11, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares $ Floating Rate Bond UCITS ETF EUR Hedged ... | -0.11 | -0.04 | 0.01 | 90 | Corporate Bonds | JRUB.DE vs SXRR.DE | |
| iShares € Corp Bond Interest Rate Hedged ESG SRI U... | -0.04 | 0.03 | -0.02 | 58 | Corporate Bonds, ESG | JRUB.DE vs IS0Y.DE | |
| Amundi EUR Floating Rate Corporate Bond ESG UCITS ... | 0.02 | 0.03 | -0.02 | 93 | Corporate Bonds | JRUB.DE vs FRNE.DE | |
| Amundi USD Floating Rate Corporate Bond ESG UCITS ... | 0.04 | 0.05 | 0.03 | 97 | Corporate Bonds, ESG | JRUB.DE vs FRNH.DE | |
| JPMorgan Europe Research Enhanced Index Equity (ES... | 0.14 | 0.11 | 0.05 | 62 | Europe Equities | JRUB.DE vs JREE.DE |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements JRUB.DE
Add JRUB.DE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with JRUB.DE