Looking to diversify beyond MDBA.DE? The ETFs below have the lowest correlation with MDBA.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 MDBA.DE.
Best Diversifiers for MDBA.DE
9 ETFs have low correlation with MDBA.DE (below 0.3), 2 of which are negatively correlated. The least correlated is UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dist (UET5.DE) (Europe Equities) with a 1Y correlation of -0.09, up from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| UBS ETF (LU) Euro Stoxx 50 ESG UCITS ETF (EUR) Dis... | -0.09 | -0.20 | -0.28 | 55 | Europe Equities | MDBA.DE vs UET5.DE | |
| UBS ETF (LU) MSCI Europe UCITS ETF (EUR) A-dis | -0.09 | -0.13 | -0.22 | 67 | Europe Equities | MDBA.DE vs UIMA.DE | |
| UBS ETF (IE) MSCI ACWI Socially Responsible UCITS ... | 0.08 | 0.07 | -0.03 | 78 | Global Equities | MDBA.DE vs AW1P.DE | |
| Vanguard FTSE All-World UCITS ETF | 0.09 | 0.12 | -0.01 | 86 | Global Equities | MDBA.DE vs VWCE.DE | |
| UBS ETF (IE) MSCI World UCITS ETF (USD) Acc | 0.12 | 0.13 | 0.01 | 83 | Global Equities | MDBA.DE vs UETW.DE |
See all 9 diversifiers for MDBA.DE
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