Looking to diversify beyond MAGR.DE? The ETFs below have the lowest correlation with MAGR.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 MAGR.DE.
Best Diversifiers for MAGR.DE
0 ETFs have low correlation with MAGR.DE (below 0.3), 0 of which are negatively correlated. The least correlated is Xtrackers Portfolio UCITS ETF (Acc) (DBX0.DE) (Global Allocation) with a 1Y correlation of 0.51, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Xtrackers Portfolio UCITS ETF (Acc) | 0.51 | 0.45 | 0.51 | 79 | Global Allocation | MAGR.DE vs DBX0.DE | |
| Amundi Multi-Asset Portfolio UCITS ETF (Dist) | 0.53 | 0.57 | 0.65 | 75 | Global Allocation | MAGR.DE vs F701.DE | |
| iShares STOXX Global Select Dividend 100 UCITS ETF... | 0.60 | 0.61 | 0.68 | 96 | Global Equities, Dividend | MAGR.DE vs ISPA.DE | |
| Xtrackers Portfolio Income UCITS ETF (Dist) | 0.64 | 0.60 | 0.63 | 57 | Global Allocation | MAGR.DE vs XS7W.DE | |
| WisdomTree Global Efficient Core UCITS ETF USD Acc... | 0.66 | — | — | 79 | Global Allocation | MAGR.DE vs NTSG.DE |
See all 17 diversifiers for MAGR.DE
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